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Ki Young Ju, founder & CEO at CryptoQuant, observes that crypto ETFs on traditional finance platforms are exhibiting bullish trends, whereas stocks listed on crypto exchanges are experiencing bearish momentum.
He questions who will continue to buy crypto assets if native crypto participants reduce their buying activity.
Earlier this year, Ki Young Ju said that the Bitcoin bull market had not started, citing a lack of clear signals for a rally. He also observed that short-term Bitcoin holders were no longer under pressure to sell at a loss. These assessments come as market participants watch for shifts in crypto investor behavior.