The market structure has fundamentally shifted from retail/whale-driven volatility to institutional long-term holding, reducing the likelihood of extreme price swings (both major crashes and massive surges).
Ki young ju is the ceo of cryptoquant, a highly respected on-chain analytics firm. his analysis is based on detailed on-chain data and market structure observations.
The analyst suggests bitcoin will enter a phase of 'prolonged boredom' with sideways price movement, neither a 50% crash nor explosive growth. institutional 'sticky supply' limits downside, while liquidity has shifted to other assets (equities, gold), limiting upside.
The described shift in market structure, dominated by long-term institutional holders, represents a sustained, long-term change in bitcoin's price dynamics, leading to prolonged periods of sideways consolidation.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Bitcoin will not crash by 50% this time, says CryptoQuant's Ki Young Ju, but that is not good news either. With Strategy showing no will to exit, Bitcoin's faith is well determined. Advertisement According to Ki Young Ju , CEO of CryptoQuant, the old strategy of monitoring inflow spikes or preparing for whale-driven crashes is now irrelevant. As he explains in the newest post, the current Bitcoin cycle is dominated by long-term institutional investors like Michael Saylor's Strategy (former MicroStrategy), which holds 673,000 BTC and shows no intention of selling. With that kind of sticky supply, the market lacks the chaotic volatility that defined previous bear phases. HOT Stories Morning Crypto Report: XRP Bulls Are Safe From Max Pain, Zcash (ZEC) Rockets 9,780% in Liquidation Imbalance as Core Team Exits, Binance Announces Gold and Silver Listings Can Bitcoin Reach $250,000 in 2026? Billionaire Draper Makes Major Prediction Crypto Market Review: Was Shiba Inu (SHIB) Zero Removal Trap? Ethereum (ETH) Strength at $3,200 Is Unmatched, XRP's Symptoms of Dead Cat Bounce Morgan Stanley Files for Bitcoin and Solana ETFs, Shiba Inu (SHIB) Price Erases Zero, Bollinger Shares XRP Warning — Crypto News Digest Source: Ki Young Ju This structural change effectively weakens the predictive power of the on-chain signals that traders once relied on. The four-year cycle is among them. Advertisement Don't get too excited, Bitcoin bulls Still it is not all sunny for the cryptocurrency as, rather than experiencing panic or euphoria, Bitcoin may be entering a phase of prolonged boredom. Ju does not foresee a 50% capitulation like in 2018 or 2022. Liquidity has not disappeared, it has just moved to other sectors, particularly equities and what Ju calls "shiny rocks," as he nicknamed gold and silver. You Might Also Like Thu, 01/08/2026 - 13:23 XRP Just Repeated 2017 Signal Against Bitcoin That Preceded 875% Surge By Gamza Khanzadaev Realized cap data attached by the analyst confirms this point of view. Uptrend periods marked in green have continued uninterrupted since early 2024, even as spot prices have ranged. This metric tracks the aggregate cost basis of coins in circulation and has now decoupled from speculative selling. Advertisement Taken together, these factors reinforce the idea that the price of Bitcoin may fluctuate sideways instead of collapsing. For bears, Ju's message is clear - shorting BTC here is a high-risk and low-reward bet. And a crash is not coming. Not because Bitcoin is overheated, but because it is too cold to explode. #Bitcoin News #Bitcoin #Bitcoin Price Prediction