📰 Zhao Changpeng responds to the controversy of "tweets causing turmoil"

—— The market is not led by him, but by cognitive biases at play.

📌 1. Event Background: CZ's tweet is said to have influenced market fluctuations.
Recently, users from the DOGE OG and other communities stated:
Whenever CZ (Zhao Changpeng) tweets, the market tends to fluctuate.
It seems like CZ "knew the market in advance," even forming a habitual interpretation of "CZ's post = market signal."
In the current emotionally sensitive environment, such voices quickly spark discussions.

📌 II. CZ's Response: This is not the case.
CZ responded to this, with the core point being just one sentence:

The market volatility is not caused by me; many people mistake coincidence for causation.

He emphasized:

I did not anticipate the market conditions in advance.

The tweet has never intentionally guided the trend.

The market reaction comes more from misunderstanding than from his personal actions.

This clarifies the shadow of "celebrity manipulation."

📌 3. Root Cause: There is a "cognitive bias" in the market
CZ specifically mentioned that "tweets influence the market" is merely a manifestation of cognitive bias.
Cognitive biases include:

Overthinking: Seeing a big shot speak, one automatically assumes there is good or bad news.

Causal inversion: first seeing the fluctuations, then looking for reasons to blame others.

Celebrity Effect: Investors tend to treat the actions of big names as signals.

Confirmation bias: only remembering examples of market fluctuations after CZ's posts, while ignoring the many times there was no fluctuation.

In other words:

It's not that CZ is leading the narrative, but rather the market treats him as an "emotional amplifier."

📌 4. The effect of big players is weakening, and the market is maturing.
It can be seen from this response:

The influence of celebrity opinions on the market is decreasing.

Investors' psychological dependence on "big shots' guidance" is weakening.

The market essence is still determined by macro factors, capital, and liquidity, rather than a specific tweet.

This is a healthy signal for the entire market.

🧭 Investor Recommendations
✔ Don't take any big shot's words as trading signals.
Market logic ≠ celebrity statements.
✔ Beware of "emotional trading"; focus mainly on trends and liquidity.
Especially with the recent increase in volatility, blindly following can easily lead to being countered.
✔ The hype logic of altcoins is declining
The popularity of projects that rely on "big shots' calls" will noticeably decrease.

📝 Disclaimer
The above content is only for market observation and personal opinion and does not constitute investment advice. The cryptocurrency market is highly volatile, please operate with caution.