What’s the Latest Situation in Bitcoin: Bear or Bull? “The Bull Is Over, CryptoQuant CEO Responded!”

By: bitcoin ethereum news|2025/05/10 03:15:06

CryptoQuant CEO Ki Young Ju, who had previously argued that the Bitcoin (BTC) bull cycle was over, admitted to the BTC prediction error. In a lengthy post from her X account, Ki Young Ju admitted that her previous prediction about Bitcoin was wrong. CryptoQuant CEO has withdrawn his previous bearish outlook for Bitcoin, stating that large-scale capital inflows via ETFs have changed the market trend. “I said two months ago that the bull market was over, but that prediction was wrong. Selling pressure on Bitcoin is easing and large-scale capital is flowing into the market via ETFs.” Stating that the market is still much more complex, the famous CEO stated that he still sees the market as stagnant, stuck between bull and bear signals and slowly absorbing new liquidity. He noted that the current market has become more diverse than its predecessors, moving beyond old whales, miners, and retail investors to include ETFs, Strategy, institutions, and government agencies. Gone are the traditional profit cycles driven by whale sales at peaks, Ju said, and instead, cycles driven by institutions and ETFs are taking place. Ju emphasized that at this point, new liquidity from institutions and ETFs could offset even large whale sales. Stating that it is still too early to say anything clear, the CryptoQuant CEO said that Bitcoin and the market are neither clear bulls nor bears. Although the last price trend is bullish, he thinks that there may be profit taking after the rise and a pullback may occur. “To be honest, I still think the market is in a slump as it absorbs new liquidity. Most indicators are hanging in the balance. It doesn’t feel like a clear bull or bear market right now. Sure, the recent price action has been extremely bullish, but I’m talking about a profit-taking cycle.” Two months ago, I said the bull cycle was over, but I was wrong. #Bitcoin selling pressure is easing, and massive inflows are coming through ETFs. In the past, the Bitcoin market was pretty simple. The main players were old whales, miners, and new retail investors, basically... pic.twitter.com/oN4n6vNc0s — Ki Young Ju (@ki_young_ju) May 9, 2025 *This is not investment advice. Source: https://en.bitcoinsistemi.com/whats-the-latest-situation-in-bitcoin-bear-or-bull-the-bull-is-over-cryptoquant-ceo-responded/

This uproar in the crypto circle appears to be a cultural conflict between a traditional economist and a crypto OG, but looking deeper, it is merely the new fire leveraging Fu Peng's influence in the traditional financial sector to pry open a batch of client funds that were originally difficult to r...

Why Private Credit Became the First True Bridge from TradFi to DeFi

Unveiling the core logic of private credit leading RWA: it is no longer just simple tokenization, but rather a true reshaping of the practical value of asset on-chain through real returns and deep integration with the DeFi ecosystem.

Senior cryptocurrency investor: Blockchain is showing a siphoning effect on capital

Stablecoins are the first real-world assets on the blockchain, but they will not be the last. Every billion dollars in stablecoins generates $12.2 billion in economic activity and $19 million in protocol revenue annually; once capital is on the blockchain, it gains productivity and does not go back.

When traditional crypto derivatives start to subtract: Insights from Hyper Trade's products

Say goodbye to complex contracts, as crypto derivatives begin to "subtract": This article breaks down how Hyper Trade reduces hardcore risk pricing into "second-level multiple-choice questions," reshaping the trading experience for retail investors.

My view on blockchain has changed

In-depth Reflection on the Value of Blockchain Applications and the Time Dimension

Will AI Agents use bank cards? Why can't Agentic Payment avoid stablecoins and blockchain?

Why can't AI agents just swipe bank cards? An article to understand the new tiered payment system: stablecoins and blockchain are becoming the exclusive settlement language and verifiable trust foundation of the "machine economy" era.

ENI's RWA ambition: to create an enterprise-level BaaS platform that allows Web2 institutions to "go beyond just asset on-chain."

What are the differences between RWA 1.0 and RWA 2.0?

Morning Report | a16z releases global financial new stack report; Websea's withdrawal channel suspected of running away; Strategy purchased 3,273 bitcoins last week

Overview of Important Market Events on April 27

The most Crypto group of people is becoming the least Crypto

Hong Kong Carnival × Bangkok Money 20/20 Observation Notes

MSTR STRC In-depth Study: The BTC Financing Flywheel Behind the 11.5% Yield

STRC is a well-designed financing tool that transforms fixed income demand into buying pressure for Bitcoin.

a16z's key bet: Kalshi's weekly trading volume approaches $3 billion, transitioning from "prediction games" to financial infrastructure, the market begins to price "uncertainty."

The evolution of prediction markets: from niche products to "uncertainty pricing" infrastructure

Morning Report | Galaxy Digital announces Q1 2026 financial report; Liquid completes $18 million Series A financing; Polymarket plans to bring major exchanges to the U.S

Overview of Important Market Events on April 28

From a banned economist to the new CEO of Xinhua: Fu Peng has figured out the second half of traffic