Rally? It's too early — CryptoQuant's head waits for $100K to believe in a bull run

— CEO of CryptoQuant Ki Young Ju doubts the return of the bullish trend for Bitcoin.

— In his opinion, until BTC surpasses $100,000, talking about a new rally is premature.

📉 Currently, Bitcoin is fluctuating in a wide range — after rising to $94K, the price is above the analyst's expectations from March, but this is still not a signal for a reversal.

He added: — He is watching the market and signs of a new trend,

— But so far BTC "reacts more to Trump than to metrics,"

— And on-chain data loses predictive power in such conditions.

💬 And if BTC updates its ATH by the end of the year, Ki Young Ju is ready to reconsider the classic theory of cycles.

🟡 Subscribe — we explain why $100K is more important than it seems

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