Express
Analyst: Bitcoin Position Indicator Returns to Neutral, Market Digesting Strong Bearish Pressure
Summary: According to CryptoQuant analyst Axel Adler Jr, the Bitcoin position index measures the overall direction and intensity of the futures market, indicating the aggressiveness of participants opening long or short positions. After experiencing strong bearish pressure, the indicator has now returned to neutral levels. The market is slowing down slightly, digesting the recent changes, which ...
According to CryptoQuant analyst Axel Adler Jr, the Bitcoin position index measures the overall direction and intensity of the futures market, indicating the aggressiveness of participants opening long or short positions. After experiencing strong bearish pressure, the indicator has now returned to neutral levels. The market is slowing down slightly, digesting the recent changes, which is considered healthier for the market.
Tags:
Link: Analyst: Bitcoin Position Indicator Returns to Neutral, Market Digesting Strong Bearish Pressure [Copy]
