The bull market has just begun, but the whole internet is pretending to be dead.
When you translate what CryptoQuant CEO said, it means: good news is right there, retail investors don’t dare look, and institutions quietly absorb the liquidity.
A typical sentiment turning point—when nobody believes it, it’s actually safer; when FOMO kicks in and people rush in, that’s the distribution zone.
If, in this wave, the funding rate is still negative and the OI doesn’t collapse, then when a rebound happens, short sellers will likely get forced-liquidated.
Don’t wait until the crowd starts shouting trade signals on the plaza before getting on board.

$BTC #Bitcoin