Benson Sun Predicts Slow Bull Market for Bitcoin with Gradual New Highs
Crypto KOL and former FTX community partner Benson Sun stated that the current Bitcoin cycle may follow a slow bull trend with gradual new highs rather than a rapid short-term spike. He noted that institutional demand from public companies, spot ETFs, and corporate treasuries has replaced retail as the primary driver since 2021. Sun suggests using the Institutional Liquidity Index (ILI) to monitor institutional inflows and warns that traditional indicators like funding rates may not reach extreme levels at the cycle peak. He advises reducing altcoin exposure and leverage when 'yellow divergence' signals appear, and exiting when 'red divergence' occurs.
Summaries are written by AI from the original article. Not investment advice.