According to CryptoQuant CEO Ki Young Ju, Bitcoin spot trading volume is highly active around $100,000, the current market is in the distribution stage, and the price movement depends on whether the new liquidity is exhausted. He stressed that the bull market in Bitcoin is not over yet, but the market may see a 30% correction, and if the price falls below $75,000, it will affect its bullish judgment. The key issue is the source of funds in the future, and without new liquidity, Bitcoin may face a longer correction.