Binance Co-CEO: Although the macro economy still presents challenges, technical indicators have shown early signs of recovery

Binance Co-CEO Richard Teng posted on X, stating: The macro environment still faces challenges, with U.S. yields remaining high and continuing to pressure risk assets; however, there are signs of improvement in investor demand.

Richard Teng also mentioned: The spot Bitcoin ETF attracted a net inflow of $999 million, and technical indicators are beginning to show early signs of recovery.