Alliance @QwQiao recently reiterated its warning view on the cryptocurrency market, saying it "pretty much" agrees with his previous predictions. He has warned that the next bear market will be more severe than most people expect, mainly because a large number of "dumb money" who know little about cryptocurrencies are buying digital asset trading platforms (DATs) and ETFs.
He believes that this situation "never ends well" and predicts that the market may need to experience a pullback of about 50% before the market can establish a solid foundation and resume super-cycle growth after these investors clear their positions. Although he did not give a specific time point, this reiteration shows that he remains firm on this prediction.
Alliance reaffirms that the cryptocurrency market could face a 50% pullback
2025-11-21 02:09:12
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