Bull run or bear trap? Funding, flows, and macro headwinds
TL;DR, After a $19.35 billion liquidation event, the crypto bull run is paused, not over, as liquidity and capital rotation patterns hint at a continuation. The market is split: bears point to stalled ETF flows and a 20% BTC drop, while bulls see historical patterns where gold rallies precede Bitcoin surges. Traditional four-year cycle models…