According to Deep Tide TechFlow, CryptoQuant founder Ki Young Ju stated that large Bitcoin holders continuously accumulating has become the norm, while retail investors are staying away from the market, with large holders dominating market dynamics.
Currently, about $7 billion in capital flows into the market each week during this bull market. Although market adjustments may occur, the decline in this bull market cycle is unlikely to exceed 30%, and even if it does, it may be brief, with prices potentially rising over 30%.
Ki Young Ju believes that the peak of this Bitcoin cycle is still far away, and those predicting a bear market have not focused on on-chain data.
