Crypto Stagnation: Is the Bull Run Over?

What's happening with the crypto markets? According to the analyst Ailo, outside of Bitcoin and Ethereum, the market has not seen significant growth over the past four years. Trading volumes remain stagnant, and overall market capitalization has not shown substantial increases. The lack of strong narratives and projects with real utility further undermines investor confidence. CryptoQuant CEO Ki Young Ju warns that Bitcoin’s bull cycle may be over, predicting a sideways or bearish trend over the next 6 to 12 months. However, some experts see hope in upcoming regulatory changes and increasing institutional involvement, which could revive the market. What do you think? Is the show over?