There will be a correction. There's a chance to recover the money, but industry confidence will be difficult to restore in the short term. Currently, the hot wallet mechanism of CEXs is easily targeted by hackers, especially in the AI era. I also have 200W in Binance, and I sincerely hope Binance can pull through. Fortunately, Binance immediately blocked withdrawals, preventing a direct panic sell-off. However, users reacted quickly, and coupled with the sharp decline in US tech stocks, the market will still deliver a failing performance.