CryptoQuant CEO: Holding spot is not a concern, selling or shorting at this time is extremely unwise

CryptoQuant founder and CEO Ki Young Ju posted an analysis on the X platform, pointing out that if one only holds Bitcoin spot without engaging in futures trading, the current Bitcoin price seems to be a suitable accumulation zone. From the perspective of on-chain cycles, the bull market cycle may have ended earlier this year when Bitcoin touched around $100,000. According to classic cycle theory, the market should have corrected to around $56,000. However, the macroeconomic situation indicates that the world has begun to inject liquidity, and market sentiment could rebound at any moment. Selling or shorting at this time would be extremely unwise.

Ki Young Ju added that he might also misjudge the situation and is no longer using leverage, so he is not very adept at timing entry points, but he remains confident about the long-term trend.