Crypto May Need 50% Reset Before Supercycle Can Resume: Alliance DAO ⋆ ZyCrypto
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Alliance DAO co-founder Qiao Wang warned that the incoming bear market phase will be worse than expected for crypto assets. This comes on the back of the current dip linked to shaky institutional holdings and global macro trends.
‘Dumb Money’ Flooded ETF Market
In a recent post on X, the crypto executive highlighted several negative trends in the market, leaving traders in a dilemma. He noted that the coming bear phase will be worse than most analysts predict because of “dumb money.”
These investors rushed into crypto ETFs as soon as they were approved, fueling a massive price surge. However, very little has been studied about market cycles with these products…
