CryptoQuant Founder: Funds are still flowing into Bitcoin, and the market could rebound at any time

CryptoQuant founder and CEO Ki Young Ju posted on the X platform that as long as funds continue to flow in, Bitcoin is not in a bear market, and currently, funds are still flowing into Bitcoin. If OG whales stop selling and the macro market sentiment reverses, Bitcoin could rebound at any time.

Ki Young Ju previously pointed out that the cost basis for investors who entered the Bitcoin market 6-12 months ago is close to $94,000, and he does not believe a bear market cycle has begun unless it falls below that price level.