CryptoQuant Founder: Bitcoin ETF demand slows but still maintains net inflow, supply and demand relationship is key
According to a post by Ki Young Ju, the founder of CryptoQuant, although the demand for Bitcoin ETF has slowed down, it still maintains a net inflow. He stated that the current bull market cycle will continue until there is a significant outflow of ETF funds, and continuous net outflows will signal the beginning of a bear market cycle. Ki Young Ju emphasized that only supply and demand are truly important in the market; all other factors are just market noise.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Financial AI infrastructure company TrueNorth completes $3 million funding round, led by CyberFund
Bitcoin native interoperability protocol Portal to Bitcoin completes $25 million funding round, led by JTSA Global
Riot Platforms: Mined 428 BTC in November, Bitcoin holdings increased to 19,368 BTC