PANews reported on November 10 that Ki Young Ju, founder and CEO of CryptoQuant, wrote on the X platform: "Due to the overheating of the Bitcoin futures market indicators, the market is expected to adjust, but Bitcoin is currently entering the price discovery stage and the market is heating up further. If there is an adjustment and consolidation, the bull market may continue; however, in my opinion, a strong rebound at the end of the year may lay the groundwork for a bear market in 2025."