Data from CryptoQuant indicates a notable decrease in institutional Bitcoin buying activity throughout 2025, suggesting caution and potentially foreshadowing a potential bear market. As large investors become more cautious, the broader cryptocurrency market might see a shift towards uncertainty and possibly even price correction. Analysts suggest that this pattern may be a structural change in sentiment, rather than a temporary dip. If institutions are delaying purchases, it could signal lowered expectations for future price increases, increased regulatory risk, or simply a wait-and-see approach for a favorable entry point. This trend is particularly significant as institutions often drive market movements and their reduced investment indicates a possible shift in the overall sentiment.