Dragonfly Managing Partner: Although the current crypto market prices have seen a fall, the fundamentals remain strong.According to Deep Tide TechFlow news, on November 14, Dragonfly Managing Partner Haseeb Qureshi posted on social media that this is the easiest Bear Market he has ever seen.
Haseeb Qureshi reviewed the market conditions of 2022, when Luna collapsed, followed by the failures of Three Arrows Capital (3AC), FTX, Genesis, and BlockFi, and the Axie and NFT markets also faced issues, causing the entire industry to be on the verge of collapse like a house of cards. After these collapses, the banking sector also faced a crisis, stablecoins lost their peg, and regulators attempted to crack down on almost all companies in the industry.
In contrast, Haseeb Qureshi believes the current market situation is much better. Although prices have dropped, the fundamentals are strong, and cryptocurrencies are functioning normally. He suggests
DeepFlowTech·2025-11-14 04:46