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."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
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