CryptoQuant founder: Bitcoin cycle theory has失效
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CryptoQuant founder: Bitcoin cycle theory has失效
CryptoQuant founder Ki Young Ju stated that the Bitcoin cycle theory of "buying when whales accumulate and selling when retail investors enter" is no longer applicable.
Navigating Web3 tides with focused insightsTechFlow news, July 25: CryptoQuant founder Ki Young Ju posted that the Bitcoin cycle theory of "buying when whales accumulate and selling when retail investors enter" is no longer applicable. In previous cycles, whales sold holdings to retail investors, but now old whales are selling to new long-term whales, with institutional participation far exceeding expectations and holders outnumbering traders.
Ki Young Ju apologized for his earlier incorrect assessment that the bull market cycle had ended, and stated he will be more cautious in the future, focusing on data-driven analysis.
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