[CZ: The Crypto Market Remains in a Normal Four-Year Cycle, with Cycle Lows Continuously Rising] BlockBeats News, June 20 — Binance founder CZ participated in the Galaxy Brains podcast and was interviewed by Galaxy Research Head Alex Thorn. CZ stated that the current crypto market pullback is still part of the normal four-year cycle, with this round's approximately 50% pullback not being uncommon, as previous cycles have seen 80% pullbacks. He noted that when comparing cycle lows, Bitcoin is still up about 5x compared to four years ago, and each cycle, in the long run, surpasses the previous one. CZ emphasized his long-term stance on the crypto industry, saying, "For me, there is no exit from crypto." The biggest difference in this cycle compared to 2022 or 2018, according to CZ, is the U.S. government's 180-degree shift in attitude toward the crypto industry. He mentioned that four years ago, the U.S. government adopted a suppressive stance toward crypto, whereas now the U.S. is promoting a regulatory framework and related discussions, which is encouraging other countries to follow suit. CZ also highlighted that ETFs, stablecoins, RWA (Real-World Assets), and increased institutional participation all demonstrate significant real growth in the industry. [Original Link]