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Cryptoquant CEO: Bitcoin's bull market cycle is over, and large amounts of money are difficult to drive up prices

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2025-04-05 15:28:42
According to Cryptoquant CEO Ki Young Ju, the Bitcoin bull market cycle has ended, and by analyzing the realized market capitalization (Realized Cap) in the on-chain data, it is pointed out that there is a typical bear market signal in the market: although funds continue to flow into the market, the price has not risen accordingly.
Ki Young Ju explains that when small amounts of money can push prices up, it is a bull market; when large amounts of money cannot push prices up, it is a bear market. He says that while selling pressure can ease at any time, historical experience shows that a true market reversal usually takes at least six months and a short-term rebound is less likely.
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