Analysts Say Bear Market’s Over as Bitcoin ETF Inflows Reverse

• CryptoQuant CEO Ki Young Ju believes Bitcoin’s 2026 bear market has ended, citing a positive market-cycle indicator.
• Bitcoin has surged over 23% in two weeks, though it’s currently struggling to hold the US$80K mark.
• US Bitcoin ETFs saw their first outflows in nearly two weeks, led by Ark’s ARKB.

As we wrote several times last week, analysts are currently following the crypto market closely to see whether there are signs the bear market is over. However, one analyst, CryptoQuant CEO Ki Young Ju, has made up his mind. On X (formerly Twitter), he posted:

Ki Young Ju says Bitcoin’s 2026 bear market is over after CryptoQuant’s market-cycle indicator turned positive for the first time since October. The shift suggests Bitcoin investors are moving back into profit, signalling that the broader downtrend may have run its course.

His comments come after Bitcoin rallied from just around US$64K (A$89.3K) less than two weeks ago. It has since made gains of over 23%, trading as high as US$80,652 (AU$112,530) last Friday. At the time of writing, BTC is struggling with the US$80K (AU$111.6K) mark, currently trading at US$77,831 (AU$108,594).

Other large assets have also rallied. Ethereum gained 29% over the past month, while XRP gained 27% and Solana 40%. BTC, ETH, XRP and SOL are all currently trading flat or slightly in the red.