- Entrepreneur Ran Neuner just went ballistic on how the crypto market is underperforming despite having all the ingredients of a bull market.
- A popular technical analyst and XRP advocate criticized him for focusing on alts that don’t matter.
To date, a bearish outlook has dominated investors. Since the end of October, they have shown cautious sentiment toward the crypto market. During the weekend, the Crypto Fear & Greed Index returned to the “Extreme Fear” level, showing that people are too worried to place significant trades.
Ran Neuner, the founder and CEO of Crypto Banter and Onchain Capital, recently went nuclear on the present state of the cryptocurrency market. In a lengthy rant to his nearly 1 million followers on X, he said it’s time to acknowledge that it’s broken.
2025 Had All the Essentials of a Crypto Bull Market
Neuner called the crypto market “structurally broken.” That’s because it had a strong foundation for a bull market, yet it underperformed.
The crypto personality claimed that massive liquidity has begun flowing into the digital asset space this year, driven by aggressive accumulation by financial institutions, nation-states, and sovereign funds. Along the way, exchange-traded funds (ETFs) have given retail and institutional investors an alternative way to gain crypto exposure.
There’s also the emergence of digital asset treasuries (DAT) following the footsteps of Michael Saylor’s Strategy, which keeps buying Bitcoin (BTC) by the millions, or even a billion, each week. Additionally, the US government has already pivoted toward a more accommodating stance on crypto. Yet, its market has come off to a low base compared to President Joe Biden’s anti-crypto regime.
The entrepreneur noted that the crypto market was up by only 20% from its valuation during the Biden administration. What’s worse, gold, silver, the Nasdaq, and the Russell 2000 have reached all-time highs while it has struggled to rebound.
Neuner pointed out that theories such as the IPO moment, trapped liquidity, and the four-year cycle narratives have become “desperate attempts to justify a market that doesn’t make sense.” Hence, the crypto community must figure out what’s driving the market down. He also asked them to find out the entities orchestrating the concentrated selling.
On the other hand, Neuner suggested that the market may not be receiving enough liquidity to sustain crypto prices. In this case, it’s only a matter of buyers catching up to the sellers.
XRP Personality Criticizes Neuner’s Rant
The pseudonymous Egrag Crypto, a technical analyst, responded that Neuner has been focusing too much on the four-year cycle narrative of the crypto market. He also criticized the entrepreneur for his hype-driven forecasts, leading him to advise people to buy at peak prices and sell at market lows. The analyst commented that the Crypto Banter founder has been doing things the opposite.
Furthermore, Egrag remarked that if Neuner had instead turned his sights to XRP as early as 2022, rather than promoting shitcoins, he would still be 6 to 7 times up on his investment in the asset.
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