CryptoQuant Founder Says Bitcoin May Resume Its Uptrend After Midterm Election Uncertainty Subsides
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AT A GLANCE
Ki Young Ju says Bitcoin's rally may restart after ETF inflows recover and election uncertainty fades.
Article
【CryptoQuant Founder: Bitcoin May Resume Its Uptrend After U.S. Midterm Election Uncertainty Subsides】
CryptoQuant founder Ki Young Ju posted that Bitcoin spot ETF inflows have been weak since the beginning of this year, with net inflows year to date close to zero, while the Bitcoin price has fallen by only approximately 7%. Ki Young Ju believes that, despite weak ETF demand, the Bitcoin price has remained relatively resilient, indicating that large-scale selling by early holders (OG whales) or miners is unlikely, and potential sellers may have largely completed their selling. He expects that as the uncertainty brought by the U.S. midterm elections gradually subsides and ETF inflows recover, bullish momentum in the Bitcoin market may return.
Key points
01
CryptoQuant founder Ki Young Ju stated that Bitcoin spot ETF inflows have been weak since the beginning of this year, with net inflows year to date close to zero.
02
During the same period, the Bitcoin price has fallen by only approximately 7%。
03
Ki Young Ju believes that large-scale selling by early holders (OG whales) or miners is unlikely.
04
He expects that as uncertainty around the US midterm elections gradually fades and ETF inflows recover, bullish momentum in the Bitcoin market may return.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a conditional market judgment: current ETF inflows are close to zero, but Bitcoin has fallen by about 7%; if ETF fund flows recover and election uncertainty weakens in the future, market upward momentum may strengthen.
Why it matters to readers
ETF fund flows and potential selling pressure are important clues for observing demand and supply in the Bitcoin market, but the conclusion in the text remains a forecast.
Beginners can monitor Bitcoin spot ETF net inflows, price changes, and on-chain selling pressure, avoiding treating predictions as realized returns.
Risks and unknowns
The materials did not provide Bitcoin spot ETF fund inflow, price decline, or selling pressure assessment source data.
ETF Whether fund inflows will recover remains uncertain.
The relationship between diminishing uncertainty surrounding the U.S. midterm elections and Bitcoin's rise remains unproven.
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Related concepts
Spot ETF
Directly holds the underlying assets, with its fund units corresponding to the actual assets held in custody ETF。
