Huoxun Finance reported on November 14th that QwQiao, co-founder of AllianceDAO, posted on the X platform that despite macroeconomic indicators such as the Federal Reserve's quantitative easing showing an upward trend in the market, he intuitively felt that "it's all over." He described crypto assets as a "self-fulfilling asset class," emphasizing the inevitability of the four-year cycle prediction, which leaves the market at a frustrating crossroads. As a long-term optimist, he has felt uneasy about the crypto market since mid-September and has found that most savvy traders and long-term investors have turned bearish. Regarding US stocks, QwQiao believes that AI is the only key factor driving the cycle, with an influence far exceeding liquidity indicators and technical signals. He warned that if the AI bubble bursts, the entire market will collapse; conversely, if AI-related stocks continue to rise, the bears will be completely wrong. He compared Nvidia to Bitcoin in the crypto world, pointing out that when AI stocks rise, funds will flow out of crypto and other assets, causing crypto to fall, and vice versa, forming a binary pattern of "AI stocks against everything." In specific sectors, he is optimistic about stablecoin startups because they face less competition and have a much faster growth momentum than AI startups.

According to a report by Cointelegraph on November 14, ArkInvest, a subsidiary of CathieWood, purchased another 242,347 shares of Bitmine's BMNR stock on November 13.

According to OKX market data, SOL has fallen below 140 USDT, currently trading at 139.97 USDT, a 9.18% drop in the last 24 hours. (This news item was generated with AI assistance.)

According to OKX market data, BTC has fallen below 97,000 USDT, currently trading at 96,967.7 USDT, a 24-hour drop of 4.91%. (This news item was generated with AI assistance.)

In the past hour, total liquidations across the network reached $24.74 million, with $23.95 million from long positions, with $785,612.25 from short positions. BTC liquidation $944,035.84, ETH liquidation $771,604.66.