Ki Young Ju, founder of CryptoQuant, has indicated that Bitcoin is likely to consolidate in the coming months due to stagnant fund inflows. He noted that the diversification of liquidity channels has rendered the timing of capital inflows less significant. Long-term holding institutions have disrupted previous cycles of whale and retail selling, with MicroStrategy maintaining its substantial 673,000 BTC holdings. Ki Young Ju suggests that Bitcoin is unlikely to experience a drop of more than 50% from its all-time high, as seen in past bear markets, with capital now shifting towards stocks.