DAT flywheel stops, crypto KOL hints that DAT company will sell off reserves, market expected to undergo deep shakeout

ChainCatcher News, Alliance DAO co-founder QwQiao reiterated his view in a post: "The next bear market (whenever it comes) will be worse than most people here expect. Right now, there is a large group of 'dumb money' that knows nothing about crypto buying spot and ETF. Such situations have never ended well."

The market may need another deep correction of 50% to flush out these positions before it can rebuild a solid foundation and continue its supercycle."

Placeholder partner Chris Burniske also expressed a similar view, stating, "The era of DAT sell-offs has only just begun. Just as it once rose all the way up, now it will fall all the way down."