According to online reports, Cryptoquant analyst Axel Adler Jr released market analysis saying that based on today's Bitcoin price of US$117,000, it is currently in a growth range between the "median investor price"(US$92,000) and the "market sentiment warning level"(US$139,000). This suggests that market participants 'buying behavior is still supportive: they are willing to hold or increase positions as long as prices remain above their psychological comfort zone. At the same time, the market has not yet entered a stage of over-optimism, which means that Bitcoin still has room to rise without incurring the risk of serious overheating, with a potential target of US$139,000.