Alliance co-founder reiterates that the cryptocurrency market may face a correction of over 50%

Jinse Finance reported that Alliance co-founder @QwQiao recently reiterated his warning about the cryptocurrency market, stating that he "pretty much" agrees with his previous prediction. He had warned that the next bear market would be more severe than most people expect, mainly because a large amount of "dumb money" with little knowledge of cryptocurrencies is buying digital asset trading platforms (DAT) and ETF products. He believes that this situation "never ends well," and predicts that the market may need to experience a pullback of about 50%. Only after these investors have cleared their positions can the market establish a solid foundation and resume supercycle growth. Although he did not provide a specific timeline, this reiteration shows that he remains firm in his prediction.