Bulls vs Bears, LIVE ON PPV 🐂🐻

Now there’s a lot of talk out there that the bull market 🐂 is over for 2025. That any chance of a big, significant run is basically done until the end of this year at least.

But is that true?

Well it’s a really big topic and there’s a lot of different opinions and factors influencing what’s happening, so we tried to gather up the most important, logical ones, and share them with you!

Just quickly, you probably know but it’s called a Bull market because bulls charge forward and thrust their heads up 📈 Bears on the other hand, swipe their paws downward 👊📉 and hibernate a lot, representing down or stuck markets.

Now as we said, this is going to take some different angles, but first, let’s see what the vibe is out of the two major camps.

Recently, Markus Thielen from 10X Research came out and said we could be near a cycle top because of the hype around memecoins 🐶🚀. Now as you know, memecoins have definitely had their moment in the Sun ☀️ and everyone is pretty over them now. He’s comparing this moment in time to past cycles, where DeFi and NFTs were all the rage, right before the market peaked 📊. So Markus actually thinks the foundation of this bull run is weakening, and unless a new narrative takes over, things could slide further into the red 🔴.

Basically, he’s not convinced it’s time to “buy the dip” yet 🤔

Nansen’s Aurelie Barthere sees Bitcoin dropping to $70K–$72K as a normal part of the cycle 🔄, not necessarily the end of the run. You see, things ebb and flow 🌊. As much as we wish they would, coins don’t just creep in one direction forever - it’s three steps forward, two steps back. Aurelie points out all the different macro factors like tariffs, fiscal cuts, and general investor fears 😬, but doesn’t think they’ll break the trend.

And she isn’t alone either! Raoul Pal agrees with the ‘this is just a correction’ ✅. He blames the slow price action on a strong US dollar 💵 and higher interest rates 📊, but says those conditions are easing. And long term, he’s still bullish 🐂.

Ok, so we’ve heard from some of the experts in the room, but…

Well despite fresh inflation data coming out in the US, BTC and other coins didn’t really react much. Bitcoin briefly surged past $84,000 following the latest U.S. inflation report 📈 but any gains it made were quickly lost 🔽. And as is usually the case, the broader crypto market has been trading sideways mostly.

Despite initial excitement 🎉, Bitcoin (BTC) dipped 0.5% over the past 24 hours - this is a pretty good signal that people just don’t feel sure about the market 🤷‍♂️

The CoinDesk 20 index, which tracks the top cryptocurrencies (excluding stablecoins and memecoins), slipped 0.8% 📉 - again, not a great sign.

Well, the United States’ inflation data just came out, and it actually wasn’t as bad as people were expecting! Which SHOULD have been a bull signal 🟢 because it meant all kinds of other good news was on the way.

But… the market didn’t react.

So yeah, this was good news, but not good enough to make people feel comfortable to invest 🤦‍♂️

“Market confidence has been shaken by weeks of fear. One good inflation report isn’t enough to turn things around.”

Yang also points to the Trump administration’s aggressive tariffs, which could prolong inflation while also disrupting financial markets 🌎📉

Well, one things is absolutely certain and that’s that investors are scared to commit!

And it’s easy to see why, things haven’t been this turbulent for a while. And even positive news stories are having little to no effect on the market. People have just been hurt too man times the past couple months. So if there’s going to be a story to turn the vibe around, it’s going to need to be big!

Alright that’s enough from us! SEE YOU TOMORROW!