CZ (Changpeng Zhao) threw out a line today: This bear market isn’t really short on money—there’s plenty of capital looking for places to go, it’s just not flowing into crypto. Now $BTC is grinding around the 63,000 level; in a year it’s dropped by almost half. What he means is that liquidity is actually abundant—the venue is cold not because there’s no money, but because the money hasn’t been made clear on its direction yet. #CZ #BTC #crypto