News from BieJie.com: CryptoQuant analyst Axel Adler Jr. said that Bitcoin short-term holders have seen the pressure model shift to buyer dominance, replaying the rebound pattern after the February pullback. The current buyer pressure score is about 30%, higher than the seller’s 22%, and seller pressure has been compressed to multi-month lows. Bitcoin’s price is currently $63,900, hovering near the lower end of the short-term holders’ cost basis range, around $61,600. The analyst noted that as long as the $61,600 lower boundary holds, the demand structure will remain unchanged; if it breaks below that level, the latest holders will fall into losses.