CryptoQuant首席執行官Ki Young Ju警告說，比特幣牛市可能已經結束

CryptoQuant首席執行官Ki Young JU警告說，比特幣牛市可能已經結束。他預計BTC價格將在接下來的6到12個月內保持看跌或側向。

CryptoQuant CEO Ki Young Ju has a bleak prediction for Bitcoin (BTC) in the next six to twelve months: He expects bearish movements or sideways trading.

CryptoQuant首席執行官Ki Young Ju在接下來的六到十二個月中對比特幣（BTC）的預測黯淡：他期望看跌或側向交易。

Ju, known for his optimistic market takes earlier this month, has now changed his stance. Previously, Ju said the Bitcoin bull market was still active, even if growth was slow. However, on-chain metrics now show bearish conditions, he stated.

Ju以樂觀的市場聞名，本月早些時候已經改變了他的立場。以前，JU表示，即使增長緩慢，比特幣牛市仍然活躍。他說，但是，鍊鍊指標現在顯示出看跌條件。

Ki Young Ju, CEO of crypto analytics platform CryptoQuant. Source: LinkedIn

Crypto Analytics Platform CryptoQuant的首席執行官Ki Young Ju。來源：LinkedIn

Realized cap-based indicators show a lack of new liquidity entering the market, Ju said. A realized capitalization is an on-chain indicator tracking the total value of all Bitcoins based on when they were last moved. Despite massive trading volumes around the $100,000 level, BTC price failed to rise further, Ju added.

JU說，基於上限的指標表明進入市場缺乏新的流動性。已實現的資本化是一個鏈指標，該指標根據上次移動的何時跟踪所有比特幣的總價值。 JU補充說，儘管交易量的大量約為100,000美元，但BTC價格仍未進一步上漲。

“Despite $1B+ daily volume at the $100,000 level for a week, BTC price failed to move up further. It seems like realized cap-based indicators are showing no new liquidity is coming into the market,” Ju said.

JU說：“儘管每週100,000美元的每日銷售量為$ 1B，但BTC價格仍未進一步上升。

Moreover, inflows into Bitcoin ETFs (Exchange-Traded Funds) have been negative for three consecutive weeks. Negative ETF inflows indicate that investors are pulling money out of these investment vehicles.

此外，進入比特幣ETF（交易所交易基金）的流入連續三週為陰性。負ETF流入表明投資者正在將資金從這些投資工具中撤出。

“Bitcoin ETF products have shown negative outflows for 3 consecutive weeks. Investors seem to be exiting their crypto positions via ETFs.”

“比特幣ETF產品連續3週表現出負面流出。

Ju also noted that new whales—investors holding large amounts of Bitcoin—are selling at lower prices. This selling, combined with drying liquidity (less new money flowing into Bitcoin).

JU還指出，新鯨魚（持有大量比特幣的投資者）以較低的價格出售。這種銷售，再加上乾燥的流動性（流入比特幣的新資金更少）。

The post CryptoQuant CEO Predicts 6-12 Months of Bearish Bitcoin Price Movement appeared first on iTrade.

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