BlockBeats News, May 29th, CryptoQuant founder and CEO Ki Young Ju stated on social media that, "Once profit-taking begins and triggers a chain reaction, Bitcoin investors' Profit and Loss (PnL) levels usually continue to decline for about 18 months. As this trend already flipped in October 2025, the current bear market may persist until early 2027."
"Only when unrealized profits start to rise again and realized profits begin to decline will the trend truly reverse. However, we have not seen this scenario yet."
