Alliance DAO Co-Founder Discusses Market Trends and AI Influence

According to BlockBeats, Alliance DAO co-founder QwQiao recently shared insights on social media regarding current market trends. Despite macroeconomic indicators such as the Federal Reserve's quantitative easing, the rebuilding of the U.S. Treasury's general account, and interest rate cuts suggesting a market upswing, QwQiao expressed a sense of finality, stating that "everything feels over." He described cryptocurrency as a "self-fulfilling asset class," highlighting the inevitability of the four-year cycle prophecy, which places the market at a crossroads of frustration. As a long-term optimist, QwQiao has felt uneasy about the crypto market since mid-September, noting that many savvy traders and long-term investors have turned bearish. Turning to the U.S. stock market, QwQiao identified artificial intelligence (AI) as the dominant factor in the current cycle, surpassing liquidity indicators and technical signals. He warned that if the AI bubble bursts, the entire market could collapse; conversely, if AI-related stocks continue to rise, bearish investors will be proven wrong. He compared NVIDIA (NVDA) to Bitcoin in the crypto world, noting that when AI stocks, particularly NVIDIA, rise, funds flow out of crypto and other assets, causing a decline in crypto, and vice versa, creating a "AI stocks vs. everything else" binary scenario. In specific sectors, QwQiao is optimistic about the growth momentum of stablecoin startups, which he believes surpasses that of AI startups due to the lack of competition in the stablecoin market, whereas the AI vertical is crowded with over 50 players. This year, his stock market returns have significantly outperformed crypto, as he avoided high-growth but inefficient AI stocks, instead favoring "quality companies at reasonable prices."