Crypto narratives in the market are often founded on skewed information rather than on-chain data, according to a crypto analyst from CryptoQuant. In a report, the analyst warns against misinformation, highlighting that misleading narratives continue despite available data. One example discussed is the narrative that long-term Bitcoin holders are capitulating; however, data reveals that they are actually maintaining their positions. The Inactive Supply Shift Index indicates no significant selling pressure from long-term holders, suggesting demand is outpacing supply. Constantly evolving crypto narratives face scrutiny, including debates around the Bitcoin four-year cycle theory and recent shifts in regulatory perspectives. Some analysts predict that a traditional four-year cycle is over, with market conditions possibly leading to prolonged bearish action for Bitcoin. Overall, analysts urge trust in data over sensationalist claims to navigate the changing landscape of cryptocurrency.

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