According to @GracyBitget, DATs currently benefit project teams more than investors, and most long‑tail DATs amount to unfavorable token swaps for holders, source: @GracyBitget (X post, Nov 12, 2025). She adds that the post–Oct 11 selloff left a structural, not temporary, squeeze on altcoins, implying persistent pressure on illiquid names, source: @GracyBitget (X post, Nov 12, 2025). She states market pricing power has shifted to Wall Street, meaning macro flows and institutional positioning now drive crypto price discovery, source: @GracyBitget (X post, Nov 12, 2025). She highlights December as a key macro window where policies such as a government shutdown stop and interest rate cuts will set the tone; if liquidity eases, both crypto and U.S. equities could see tailwinds, source: @GracyBitget (X post, Nov 12, 2025). She notes many investors are tracking both markets on Bitget, source: @GracyBitget (X post, Nov 12, 2025).