According to Ki Young Ju, CEO of CryptoQuant, the recent declaration of a Bitcoin bear market is based on comprehensive market data analysis. In an interview, he emphasized the significant decline in inflow to exchanges, which often precedes a downturn in Bitcoin prices. This trend is critical for traders to consider when strategizing their market positions. Ki Young Ju further highlighted the importance of monitoring on-chain data to anticipate market movements effectively (source: youtube.com/watch?v=sE1alM…).

According to CryptoQuant, a significant influx of institutional investments has led to a notable surge in Bitcoin prices. The report highlights that the recent increase in Bitcoin's value is primarily driven by large-scale purchases by institutional investors, suggesting a bullish trend in the cryptocurrency market. Data indicates that BTC's current price surge could be sustained if institutional interest continues. This trend presents potential trading opportunities for investors looking to capitalize on the upward momentum. CryptoQuant's analysis provides valuable insights into the market dynamics, emphasizing the role of institutional players in Bitcoin's price movements.