Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
AllianceDAO co-founder: Several savvy traders have turned bearish, and overall sentiment in the crypto market is becoming cautious.

AllianceDAO co-founder: Several savvy traders have turned bearish, and overall sentiment in the crypto market is becoming cautious.

Cointime2025/11/01 16:12
By: Cointime

QwQiao, co-founder of AllianceDAO, stated in a post that currently, most experienced traders and long-term investors have turned bearish on different timeframes, and the overall sentiment in the crypto market is clearly becoming cautious. QwQiao said that he has been cautious about the market trend since mid-September, despite still having a positive outlook on the industry in the long term. However, in the case of multiple converging signals, he believes that moderate reduction of positions is a more rational choice. He pointed out that the market may currently be in a phase of structural differentiation: AI concept stocks continue to rise, while other assets including crypto assets are facing continued pressure.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Government Shutdown, Market Strike? The Plunge Behind Bitcoin's Crash
2
Investing in top VCs for four years, but the principal is halved: Has the myth of crypto funds collapsed?

Crypto prices

More
Bitcoin
Bitcoin
BTC
$102,900.89
+1.00%
Ethereum
Ethereum
ETH
$3,376.09
+1.93%
Tether USDt
Tether USDt
USDT
$0.9998
-0.01%
XRP
XRP
XRP
$2.31
+3.36%
BNB
BNB
BNB
$951.59
+0.60%
Solana
Solana
SOL
$158.99
+1.53%
USDC
USDC
USDC
$0.9997
-0.02%
TRON
TRON
TRX
$0.2867
+0.20%
Dogecoin
Dogecoin
DOGE
$0.1628
-0.34%
Cardano
Cardano
ADA
$0.5349
+1.09%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter