TechFlow, April 5 — According to a post by CryptoQuant CEO Ki Young Ju, the Bitcoin bull market cycle has ended. Realized Cap data on-chain shows a typical bear market signal: despite continuous capital inflows into the market, prices have not risen correspondingly.
Ki Young Ju explained that when small amounts of capital can drive price increases, it indicates a bull market; whereas when large inflows fail to push prices higher, it signals the onset of a bear market. He stated that although selling pressure may ease at any time, based on historical patterns, a genuine market reversal typically takes at least six months, making a short-term rebound unlikely.
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