Alliance DAO co-founders: Multiple top investors currently hold a pessimistic attitude, reducing some encryption positions is reasonable.

On November 1, QwQiao, co-founder of Alliance DAO, posted on social media, “Most of the smart traders and long-term investors I follow are now pessimistic, and this view spans different time periods. Since mid-September, I have also felt nervous about the crypto market for various reasons. As a long-term optimist, I have never really made up my mind to be completely bearish on the market. However, when most conditions appear simultaneously, I think it is reasonable to at least reduce some positions.”

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