In a recent update shared by CryptoQuant CEO Ki Young Ju on X, analysts highlight the potential for Bitcoin to undergo a period of pullback or range-bound consolidation over the coming months. This observation raises questions about the current market cycle, particularly whether the prolonged bull market phase has indeed reached its conclusion. Despite this sentiment, various on-chain metrics continue to exhibit bullish tendencies, suggesting that underlying demand for Bitcoin remains robust. However, with increased market volatility, Ju advises that investors employing leverage should proceed with heightened caution. Such strategic considerations are essential for navigating the evolving landscape of cryptocurrency investments. Staying informed and understanding market signals will be crucial as the situation develops.
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