TechFlow reports, on November 18, CryptoQuant CEO Ki Young Ju pointed out that transaction volume for Bitcoin under $100,000 has reached a three-year high, indicating that retail investors are returning to the cryptocurrency market.
Ki Young Ju also analyzed large transaction data exceeding $1 million. From the perspective of major holders, he believes they may currently be waiting for more exit liquidity. He predicts that retail FOMO sentiment could peak when Bitcoin breaks above $100,000. Although the market might experience short-term corrections, he does not believe this will mark the beginning of a bear market.
Add to Favorites
Share to Social Media
