Recently, both the international and Chinese crypto communities believe that the current bear market was caused by Binance's deliberate sell-off on 10.11. Back in 2022, when FTX collapsed, SBF was sent to jail. Now, they’re saying CZ should also be sent in to save the market. Let me be fair here—the main reason for the bear market is still the cyclical nature of the market. This time, there’s no new narrative to break the 4-year cycle. 10.11 just became the trigger for the bear market. Even without the big crash on 10.11, the bear market would’ve come anyway.