An influential trader, known as The Flow Horse, is asserting that the crypto market is not attracting new retail investors. However, he believes that the market could see an influx of newbies if Bitcoin reaches a six-figure price. With a following of 217,800 on the social media platform X, The Flow Horse suggests that the current frenzy surrounding meme coins is not enough to entice retail investors. Instead, he argues that higher prices for well-established cryptocurrencies, which are easily accessible, are needed to attract newcomers. The trader specifically points to Bitcoin breaking the $100,000 mark as a potential catalyst for renewed interest. He also attributes the lack of new market entrants to the tainted reputation of the previous cycle and other factors. The Flow Horse notes that without a strong incentive, such as witnessing others amass wealth or seeing prominent asset prices rise significantly, potential investors are unlikely to join the market. He emphasizes the need for excitement to permeate the mainstream and acknowledges that the current cycle is focused on capturing passive investors who are less sensitive to price fluctuations, particularly through the use of exchange-traded funds.