@vortexnova
CryptoQuant’s CEO is waving a pretty clear warning: most on-chain signals are bearish, and without fresh macro liquidity this could slide into a real bear cycle.
He also laid down a key level back on Nov 14: if BTC loses $94k support, that’s the trigger for the downcycle. And the price action kinda matched the script BTC bounced from ~$83k back to ~$94k, couldn’t break through, then rolled over again.
Feels like the market’s waiting for liquidity. Until that shows up, every rally might just be a lower high in disguise.