The Bitcoin bull market has just begun, but the altcoins in your hands may never wait for a bull market again! @Cointelegraph interviewed CryptoQuant founder Ki Young Ju and made several interesting core judgments: 1. The bear market has ended: Since August, BTC spot and futures demand has continued to turn positive, ETF funds have flowed back, and the old whale has stopped selling and hoarded coins again. He believes that a new bull market has begun. 2. BTC still has 3-5 times the space: he believes that the future is more likely to be a slow bull market, with fewer 10 fold surges and 80% drops. 3. Bitcoin is becoming digital gold: With institutions holding it for a long time, BTC may gradually break free from the volatility logic of technology stocks and become an asset allocation tool. 4. ETH and SOL may outperform BTC: Analysts' bullish consensus is 75% for BTC, 80% for ETH, and 85% for SOL. Institutional funds ETF、 Stablecoins and asset tokenization may bring greater flexibility to ETH and SOL. 5. The comprehensive knockoff season may completely disappear: In the past, when BTC rose, funds would turn to various knockoff coins. Nowadays, funds are increasingly concentrated in a few leading companies, and thousands of tokens are not worth much money.