CryptoQuant CEO: Bitcoin may continue to be sluggish before the sentiment in the U.S. market improves, but the bull market cycle remains intact

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on social media that the Bitcoin market may continue to remain sluggish before sentiment improves in the U.S. market. He pointed out that there are currently no significant changes in on-chain activity, and key indicators remain neutral, indicating that the bull market cycle is still intact. The fundamentals remain strong, with more mining machines coming online.

Ki Young Ju said, "If the cycle ends here, it will be a result that no one wants to see—whether it's the old whales, mining companies, traditional financial institutions, or Trump." He added, "By the way, the market doesn't care about retail investors."

Previous news, CryptoQuant CEO Ki Young Ju stated on the X platform that the crypto market is gradually becoming a tool for the U.S. to pursue national interests.