Wu learned that QwQiao, co-founder of AllianceDAO, posted an article stating that he has observed most savvy traders and long-term investors turning bearish across different timeframes, indicating a cautious overall sentiment in the crypto market. He stated that he has been concerned about the market since mid-September, and while remaining optimistic in the long term, he believes that reducing positions is a rational choice given the converging signals. He pointed out that a possible market structure exists: AI concept stocks continue to rise, while other assets (including crypto assets) continue to be under pressure, a trend that has persisted for several months.