DAT Flywheel Grinds to a Halt, Top Investors Hint at DAT Corporation Selling Reserve, Market Still Faces Significant Sell-Off

BlockBeats News, November 21st, Alliance DAO co-founder QwQiao reiterated his view, stating, "The next bear market (whenever it comes) will be worse than what most people here expect. Right now, there is a large group of 'dumb money' who know nothing about crypto buying spot and ETF. This situation will never end well."

Market may need another 50% deep retracement to 'wash out' the positions held by these people so that the market can rebuild a solid foundation and continue its super cycle."

Placeholder Partner Chris Burniske also expressed a similar view, stating, "The era of selling the top data has just begun. Just as it has risen all the way, now it will fall all the way."