🚨 According to Joo Ki-young, Bitcoin is currently in a state where pumping is not feasible. ✅ Bitcoin is currently in a structure where it's difficult to push up the price even with inflows of funds. 📂 Current Indicators in Numbers 🟢 In 2024, approximately $10 billion inflows occurred, and Bitcoin's market capitalization increased by $26 billion (approximately 2.6x leverage). 🟢 In 2025, a whopping $308 billion flowed into the market, but the total amount of Bitcoin fraud actually decreased by $98 billion. 🟢 This means that more Bitcoin is being sold than is coming in. 🟢 Selling pressure from long-term holders, miners, and institutions is excessive, and new funds are being used to buy up existing holdings rather than pushing up the price. ▶️ The formula of inflows = price increases is broken. Therefore, MSTR | Strategies like DATs are unlikely to be effective, and for another strong rally to occur, selling pressure must subside and the market must restructure to allow for pumping. ✍ Ultimately, it seems there needs to be a clear trigger to change the market's mood. If Trump kicked off the previous market, I suspect the next one will be driven by Trump as well. #JooKiYoung #BTC