PANews reported on August 6 that Ki Young Ju, founder and CEO of CryptoQuant, posted on the X platform 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, it is still possible to 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.