[Alliance DAO Co-Founder: Crypto's 4-Year Cycle Peak Looms, U.S. Stock Market AI Bubble to Dominate Market Trends] BlockBeats News, November 14 — Alliance DAO Co-Founder QwQiao recently posted on social media, stating that despite macro factors such as the Federal Reserve's quantitative easing (QE), the rebuilding of the U.S. Treasury General Account (TGA), and interest rate cuts pointing to market growth, intuitively, 'everything feels over.' QwQiao described crypto as a 'self-fulfilling asset class,' emphasizing the inevitability of the four-year cycle prophecy, which places the market at a frustrating crossroads. As a long-term optimist, he has felt uneasy about the crypto market since mid-September and has observed that most smart traders and long-term investors have turned bearish. Turning to U.S. stocks, QwQiao views artificial intelligence (AI) as the 'sole factor' dominating the cycle, far surpassing 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, bears will be proven entirely wrong. He likened NVIDIA (NVDA) to Bitcoin in the crypto space, pointing out that when AI stocks (especially NVIDIA) rise, funds flow out of crypto and other assets, causing crypto to decline, and vice versa, forming a binary dynamic of 'AI stocks vs. everything else.' In specific sectors, QwQiao is optimistic about the growth momentum of stablecoin startups, believing their growth rate far exceeds that of AI startups, primarily due to the lack of competition in the stablecoin market, whereas the AI vertical is already crowded with over 50 players. This year, his U.S. stock investment returns have significantly outperformed crypto, and he has avoided high-growth but inefficient AI stocks, instead favoring 'quality companies at reasonable prices.'