CryptoQuant CEO Ki Yoon Joo, relying on on-chain statistics, writes that BTC is far from the "Bubble" phase and, even more so, from the bear market. He notes that the news about whales accumulating BTC has ceased to shock players, having become commonplace. BUT at the same time, retail is in no hurry to invest in the asset. Meanwhile, the daily capital inflow into the crypto industry is about $7 billion (!)
In the current phase, Ki Yoon Joo allows for a significant correction of BTC (even up to -30%), but expects that this could be a short-term decline with a quick transition to growth.