Bitcoin is not looking hot in the near term, according to CryptoQuant CEO Ki Young Ju.
Ju says Bitcoin is “not pumpable right now,” with the market lacking the conditions needed for a sustained rally.
[adinserter block="1"]“In 2024, $10 billion in cash could create $26 billion in BTC book value. In 2025, $308 billion flowed in, yet the market cap fell $98 billion.
Selling pressure is too heavy for any multiplier effect.”
Ju says the fact that even significant capital inflows are failing to generate upward momentum suggests supply overhang and persistent selling are absorbing demand.
He also raises concerns about the nature of the selling pressure.
“Unless this is forced selling, it is hard to see institutions unloading this much supply all at once.. The scary part of forced selling in Bitcoin is that it tends to cascade.
As funds get liquidated and prices fall, miners go bankrupt, and even retail investors who held on until the end are forced to cut their losses…
If there is no meaningful rebound at these levels within the next month, the risk of structural, cascading institutional selling rises significantly… Rebuilding trust would take a long time.”
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The post Bitcoin ‘Not Pumpable’ Right Now, According to CryptoQuant CEO – Here’s What He Means appeared first on The Daily Hodl.
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