Bitcoin’s price action remains stagnant despite substantial capital inflows, according to CryptoQuant CEO Ki Young Ju. While Realized Cap continues to rise, indicating increased investment, market prices remain relatively flat. This pattern suggests an extended bearish pressure could prevail for Bitcoin over the coming months, as highlighted by historical trends. 1) On-chain signals reveal a lack of price momentum despite capital inflows, a trend linked to previous bearish cycles. 2) A growing gap between Realized Cap and Market Cap is a primary indicator for Ki Young Ju’s bearish prediction. 3) Despite rising investment into Bitcoin, the current market conditions are pointing towards a prolonged period of downward movement, according to Ki Young Ju. This caution comes from his analysis of on-chain data trends that suggest a longer duration of bearish pressure before any potential price rally.