Crypto Experts Warn of “Dumb Money” Driving Bitcoin ETF Risk

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Influential crypto figures, including Alliance DAO co-founder QwQiao, are warning that Bitcoin ETFs are currently attracting inexperienced investors, creating conditions for a major market downturn. QwQiao predicts the market may require a full 50% drawdown from the November high of $111,756 before a stable foundation for the next crypto supercycle can form. As of today, Bitcoin trades at $83,712, already shedding 25% of that potential correction.

[Nahid Hossen]

When dumb money enters fast, volatility always spikes. ️

[Abdul Khan]

ETF hype cycles usually bring both opportunity and chaos.