According to CoinMeta, CZ stated at the Salt conference held in Jackson Hole, Wyoming, USA, that the Bitcoin market still follows a four-year cycle and is currently in a bear market phase. He believes that this is the most favorable policy environment for the crypto industry in his 12 years of experience, with the US regulatory framework setting an example for the rest of the world. CZ mentioned that approximately 70% of YZI Labs's funds are invested in core crypto and blockchain sectors, 20% in AI, and the remainder in biotechnology. Regarding Hyperliquid, CZ said that if it can enter the US market in a compliant manner, it will enable more perp to reach DEX users globally, as well as provide decentralized services to them.