Wave One: The recent decline may just be a minor fluctuation, as both the Elliott Wave Theory and the Law of Vibration are being reconfigured.

**December 3: Binance Co-CEO He Yi Weighs In On Recent Market Dip, 2026 Crypto Trends** Binance Co-CEO He Yi shared his take on the latest market pullback and 2026 crypto industry trends, noting: “First, this is my personal view and not investment advice. Bitcoin is the most decentralized crypto asset. Looking ahead, today’s drop could just be a minor shakeout. I believe the current market’s volatility and pullback won’t be as severe as in prior cycles. Bitcoin has evolved from a niche asset to a mainstream core asset. While there are reports of a country offloading seized crypto assets, more sovereign wealth funds and capital are allocating to Bitcoin. The underlying logic has shifted—absolute cycle theories and volatility patterns are being redefined. The basic strategies that were highly profitable in past cycles may no longer work. Players have changed, the pond’s grown, and the fish are bigger. Clinging to the old playbook of picking off small gains (like ‘cornering small fish and shrimp’) won’t cut it this cycle.”