Ethereum

Bitcoin and Crypto Markets To Remain Slow Until This Happens, According to CryptoQuant CEO

Published

8 months ago

March 5, 2025

The CEO of Digital Asset Market Intelligence firm Cryptoquant emphasizes an element that stops Bitcoin (BTC) and different cryptocurrencies.

Ki Younger Ju tells His 410,300 followers on the social media platform X that the crypto and bitcoin markets “will most likely stay gradual till the sentiment within the US improves.”

Nonetheless, the cryptoquant CEO says that the market prospects stay unchanged.

“There isn’t any important exercise on the chain and necessary indicators are impartial, which means that the bull’s cycle continues to be intact. The fundamental ideas stay sturdy, with extra mining platforms that come on-line.

If the cycle ends right here, it’s a end result that no one needed – no outdated whales, mining firms, the standard financing sector and even Trump. (In your data, the market doesn’t care concerning the retail commerce.)

What flip to Ethereum (ETH), the cryptoquant CEO out The second largest crypto-asset per market capitalization isn’t in a distribution phase-a part in a market cycle that takes place after a long-term bull run however earlier than a long-term bear run begins. In a distribution part, the costs transfer sideways in a variety earlier than the downward pattern begins.

In keeping with Ki Younger Ju, the liquidity that comes from retail merchants and traders is weak in comparison with the extent of liquidity that was registered through the earlier bull cycle.

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