#加密货币市场走势 Looking back at the years of ups and downs in the crypto world, I have witnessed countless projects rise and fall. The recent turmoil with DAT reminds me of the Bear Market in 2018. At that time, there was also a surge of hot money that inflated the valuations of many projects, ultimately leading to a devastating crash. History is always remarkably similar.

Investor Chris Burniske mentioned that DAT is about to start selling off, which is indeed a dangerous signal. The project team's sale of reserves often indicates that there are issues with the funding chain, or a loss of confidence in the future. In either case, it will trigger market panic.

Alliance DAO founder QwQiao predicts a possible 50% deep pullback, and this judgment makes a lot of sense. Currently, the market is indeed filled with a lot of "dumb money" that does not understand the essence of crypto. These funds tend to chase highs and sell lows, exacerbating market volatility. Once the market turns, they are likely to panic and cut their losses.

Based on historical experience, only through deep market consolidation can the market truly reach the bottom. Projects that persist during a Bear Market often stand out in the next Bull Market. For long-term investors who are truly optimistic about the future of crypto, this may be a rare opportunity to buy at a low price.

However, investment should be cautious. Even the highest quality projects may suffer severe blows in a poor environment. Diversifying investments, controlling positions, and maintaining patience and confidence are especially important in the current situation. Let us wait and see how this round of reshuffling will ultimately evolve.