Golden Finance reported that CryptoQuant CEO Ki Young Ju wrote on X: "The Bitcoin market does not seem to have reached the level of a bubble. The market value has not increased significantly relative to the cumulative on-chain capital inflow. Based on the current realized market value, BTC may rise to $141,000. The realized market value is growing steadily every day. The realized market value can measure the total capital flowing into the Bitcoin market. The calculation method is to add the value of all bitcoins to the price at which they last moved on the chain. Historically, the market value in a bull market tends to exceed the realized market value, and the market value peaks as retail investors join in. In a bear market, the market value usually falls below the realized market value."