CryptoQuant CEO: The bottom of this cycle will be around $56,000

By: theblockbeats.news|2026/04/18 05:28:29

BlockBeats News, November 18th, CryptoQuant's founder and CEO Ki Young Ju stated that the average order size in the BTC futures market indicates that whales have exited, and retail investors are currently dominant. BTC on-chain data's Realized Cap has been stagnant for three consecutive days, with the total market cap growing slower than the realized cap, suggesting strong selling pressure. The PnL index flipped short on November 8th, indicating whales are taking profits on a large scale. If the cycle theory holds true, the bottom of this cycle will be around $56,000.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

BNKR’s Recent Surge Marks New Heights in Cryptocurrency Market

Key Takeaways BNKR Token Peak: BNKR reached an all-time high of $0.0011 on July 31, 2025. Significant Market…

Key Market Information Discrepancy on January 8th - A Must-See! | Alpha Morning Report

1. Top News: Meme Coin FISH Market Cap Surpasses $12 Million to Hit an All-Time High, 24-hour Growth of 35.7% 2. Token Unlock: $SXT

Key Market Intelligence on February 3rd, how much did you miss out on?

1. On-chain Volume: $52.9M flowed into Arbitrum today; $36.1M flowed out of Ethereum 2. Biggest Gainers and Losers: $ZIL, $ELON 3. Top News: Cryptocurrency Trading Volume Drops to 2024 Low, Spot Demand Weakens

Key Market Insights for January 20th, how much did you miss?

1. On-chain Funds: $160.3M USD flowed into Ethereum today; $168.3M USD flowed out of Starknet 2. Largest Gainers and Losers: $AIA, $ALCH 3. Top News: The new X algorithm has been open-sourced, Musk says will continue to significantly improve

Key Market Intelligence on January 6th, how much did you miss out on?

1. On-Chain Funds: $91.0M USD flowed into Hyperliquid today; $119.7M USD flowed out of Arbitrum 2. Largest Price Moves: $XCN, $TBX 3. Top News: Subculture memes drive independent price action of Japanese-related meme coins, with "114514"-based meme coins seeing significant gains

Stablecoin Market Cap Decline and Exchange Dynamics Post-Luna Collapse

Key Takeaways The stablecoin market has experienced a significant drop, marking the largest monthly decline since the Luna…

...
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com