PANews reported on November 14th that QwQiao, co-founder of Alliance DAO, posted on the X platform that despite macroeconomic indicators such as the Federal Reserve's quantitative easing suggesting an upward trend in the market, he intuitively felt that "it's all over." He described crypto assets as a "self-fulfilling asset class," emphasizing the inevitability of the four-year cycle prediction, which leaves the market at a frustrating crossroads. As a long-term optimist, he has felt uneasy about the crypto market since mid-September and has observed that most savvy traders and long-term investors have turned bearish. Regarding US stocks, QwQiao believes AI is the sole key factor driving the cycle, with its influence far exceeding liquidity indicators and technical signals. He warns that if the AI bubble bursts, the entire market will collapse; conversely, if AI-related stocks continue to rise, those who are bearish will be completely wrong. He compares Nvidia to Bitcoin in the crypto world, pointing out that when AI stocks rise, funds flow out of crypto and other assets, causing crypto to fall, and vice versa, forming a binary pattern of "AI stocks defying everything." In specific sectors, he is optimistic about stablecoin startups due to less competition and growth momentum far exceeding that of AI startups.PANews reported on November 14th that QwQiao, co-founder of Alliance DAO, posted on the X platform that despite macroeconomic indicators such as the Federal Reserve's quantitative easing suggesting an upward trend in the market, he intuitively felt that "it's all over." He described crypto assets as a "self-fulfilling asset class," emphasizing the inevitability of the four-year cycle prediction, which leaves the market at a frustrating crossroads. As a long-term optimist, he has felt uneasy about the crypto market since mid-September and has observed that most savvy traders and long-term investors have turned bearish. Regarding US stocks, QwQiao believes AI is the sole key factor driving the cycle, with its influence far exceeding liquidity indicators and technical signals. He warns that if the AI bubble bursts, the entire market will collapse; conversely, if AI-related stocks continue to rise, those who are bearish will be completely wrong. He compares Nvidia to Bitcoin in the crypto world, pointing out that when AI stocks rise, funds flow out of crypto and other assets, causing crypto to fall, and vice versa, forming a binary pattern of "AI stocks defying everything." In specific sectors, he is optimistic about stablecoin startups due to less competition and growth momentum far exceeding that of AI startups.