Analysts at CryptoQuant are reading Bitcoin's recent 21% surge differently—they see it as classic bear market relief, not a genuine trend flip.
Here's their concern: demand stays sluggish. Spot purchases are tightening up. ETF inflows? Pretty much flatlined. All signs pointing to a move that lacks real conviction underneath.
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GasFeeDodger
· 21h ago
The rebound lacks momentum; it's just a fleeting moment in a bear market. The real big players are still on the sidelines watching.
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ClassicDumpster
· 01-19 20:55
It's the same old story... If you have no confidence in a 21% increase, then how do you explain the drop this time, bro?
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LightningHarvester
· 01-19 01:38
A rebound without volume is just an illusion.
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DAOdreamer
· 01-17 02:57
No volume on the rebound, how can this surge really be? I've seen through it long ago.
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WhaleShadow
· 01-17 02:56
It's the same story again. When there's a rebound, it's a rebound. Do you have to find reasons to say it's fake? I think, in a bear market, rebounds and genuine reversals are hard to distinguish, who knows how things will unfold later.
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AirdropBuffet
· 01-17 02:53
It's the same old trick, it has already risen but still bearish. This rebound is indeed weak.
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GateUser-a180694b
· 01-17 02:53
A rebound is a rebound, but the fundamentals are still so bleak... These analysts are not wrong.
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LiquidationOracle
· 01-17 02:41
It's the same old story... No volume for the rebound, ETFs aren't following, it really seems like self-congratulation.
Analysts at CryptoQuant are reading Bitcoin's recent 21% surge differently—they see it as classic bear market relief, not a genuine trend flip.
Here's their concern: demand stays sluggish. Spot purchases are tightening up. ETF inflows? Pretty much flatlined. All signs pointing to a move that lacks real conviction underneath.