01:46
The DAT flywheel has stopped, and the encryption KOL hints that the DAT company will sell its reserves, while the market will still experience depth whipsaw.
BlockBeats news, on November 21, Alliance DAO co-founder QwQiao reiterated his view, "The next bear market (I don't know when it will come) will be worse than most people expect. Right now, there is a large group of 'dumb money' that knows nothing about encryption buying spot and ETF. Such a situation never ends well. The market may need another 50% depth retracement to 'wash out' the positions in these people's hands, so that the market can rebuild a solid foundation and continue its supercycle." Placeholder partner Chris Burniske also expressed a similar view, stating, "The dumping era of DAT has just begun. Just as it once rose all the way up, it will now fall all the way down."

