Buyer pressure for short-term BTC holders rises to 30%, while seller pressure falls to a multi-month low

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ME News, July 10 (UTC+8): CryptoQuant analyst Axel Adler Jr. said that the pressure model for Bitcoin short-term holders has turned back to buyer dominance at a low point, replaying the rebound pattern after the February pullback. The current buyer pressure score is about 30%, higher than the seller’s 22%; seller pressure has been compressed to a multi-month low. Supply is moving from short-term holders’ hands to stronger buyers, consistent with accumulation-phase characteristics. Bitcoin’s current price is $63,900, near the lower end of the short-term holder cost basis range around $61,600—about 4% higher than the cost basis of the latest buyers, and nearly 10% lower than the overall cost basis of $71,000. Axel Adler Jr. noted that as long as the $61,600 downside boundary holds, the demand structure remains unchanged; if that level is lost, the latest holders will also fall into losses. (Source: ODAILY)
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