Bitcoin 12% below short-term realized price… "Not a full-scale buying phase"

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Summary

He said Bitcoin (BTC) buying pressure has not yet recovered.
He said the current Bitcoin price is about 12% below the short-term realized price.
He explained that it is not a full-scale buying phase and is closer to a corrective buying flow.

A claim has emerged that Bitcoin (BTC) buying pressure has not yet recovered.

On the 13th (local time), Axel Adler Jr., a CryptoQuant contributor, wrote on X (formerly Twitter), "Bitcoin's 'greedy demand' appears when the price enters a zone about 5~10% lower than the short-term realized price," and "In that zone, buying pressure surges to about 30~45% of the total and then a new upward wave forms."

He added, "Bitcoin's price is still about 12% lower than the short-term realized price," saying, "It's closer to corrective buying than full-scale accumulation."

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