CEO CryptoQuant Ki Young Ju stated that the decline in Bitcoin is caused by ongoing selling pressure and a lack of funds, with the realized market capitalization indicating a shortage of new capital, so the market decline is not part of a bullish trend. Early holders have realized their gains, ETF funds are weakening, and the market fundamentals remain uncertain, likely facing wide fluctuations.
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CEO CryptoQuant Ki Young Ju stated that the decline in Bitcoin is caused by ongoing selling pressure and a lack of funds, with the realized market capitalization indicating a shortage of new capital, so the market decline is not part of a bullish trend. Early holders have realized their gains, ETF funds are weakening, and the market fundamentals remain uncertain, likely facing wide fluctuations.