Odaily Planet Daily News CryptoQuant published an article on the X platform saying: "In order to predict the peak of the bull market, what is more important than big whales is the influx of small whales and ordinary investors. The figure below shows the realized market value of Bitcoin in the range of 10 to 100, representing the expected capital inflow from small whales and retail investors. The figure shows a steady rise in the early stage of the rising cycle, but a sharp rise from the middle to late stages, and the cycle will end after the strong rise of Bitcoin. Since 2024, the inflow rate of small whales and ordinary investors has begun to increase rapidly, and the second half of the bull market has just begun. Additional capital inflows and strong rises in Bitcoin may be seen in the future."