In an interview with Bloomberg TV, Bitget CEO Gracy Chen stated that while the data showed mixed results, she agrees with Bitwise Chief Investment Officer Matt Hougan's view that the current pullback presents a strategic buying opportunity for long-term investors holding for three years or more. Chen explained that last week's price decline was triggered by policy uncertainty stemming from the new Federal Reserve candidate and risk aversion due to macroeconomic and geopolitical factors. Following the October 11, 2025 event, overall liquidity in the crypto market has tightened, and any sell-off will be quickly amplified. Chen believes that future price movements will depend on the US quantitative easing policy and global money supply growth. She also remains optimistic about the prospects of tokenization of real-world assets as a major driving force for applications. The four-year cycle pattern has now been smoothed out by Wall Street capital represented by ETFs and DAT. Bitcoin remains a liquidity-sensitive asset, and from a 3-4 year perspective, the current $70,000 level is a good entry point, with a recommended strategy of using DCA (Distributed Cash Flow) for phased entry.