CryptoQuant CEO: On-chain indicators still valid for long-term trends

CryptoQuant CEO Ju Ki-young explained on X that BTC on-chain indicators remain useful. He noted that while they might miss short-term price fluctuations of around 30%, they accurately predict long-term movements of about 600%. Ju added that these indicators are best suited for long-term trend analysis, while short-term price changes can be more accurately forecast through technical analysis using market data.