PANews reported on February 26 that qw, co-founder of AllianceDAO, posted on social media that the market has been constantly looking for "scapegoats" for the Bitcoin bear market in recent months, including factors such as Jane Street, the threat of quantum computing, and the sell-off in the software sector. He believes that Bitcoin is not an asset anchored to cash flow, and its price fluctuations are driven more by market sentiment and technical patterns, essentially reflecting changes in investor psychology rather than a single external event.