[Alliance DAO Co-Founder: Cyclical Adjustments in the Crypto Market and AI's Dominant Role in U.S. Stocks]
Alliance DAO co-founder QwQiao posted on the X platform, stating that despite macroeconomic indicators such as the Federal Reserve's quantitative easing suggesting an upward market trend, his intuition leads him to believe the market has entered an adjustment phase. He described crypto assets as a 'self-fulfilling asset class' and emphasized the inevitability of the four-year cycle prophecy. He noted that since mid-September, he has felt uneasy about the crypto market and observed that most seasoned traders and long-term investors have turned bearish.
Regarding U.S. stocks, QwQiao believes AI is the core factor dominating the cycle, with an influence surpassing liquidity indicators and technical signals. He warned that if the AI bubble bursts, the market could face a collapse; conversely, if AI stocks continue to rise, bearish predictions will likely be proven wrong. He compared NVIDIA to Bitcoin in the crypto space and pointed out that when AI stocks rise, funds may flow out of crypto assets, creating a binary scenario of 'AI stocks versus everything else.' Additionally, he expressed optimism about stablecoin startups, considering them to face less competition and have greater growth potential compared to AI startups.