According to ChainCatcher, CryptoQuant founder and CEO Ki Young Ju wrote that as long as Bitcoin can stay above $45,000, it may break through its all-time high again within a year.

Although some indicators now show bearish signals. But there is still a possibility of a rebound, so we need to observe whether it will stay at this level for a week or two. If it lasts longer, the risk of a bear market will increase, and if it lasts for more than a month, recovery may be difficult.