Experienced Analyst Provides Hot Information on the Latest Situation in Bitcoin: “We’re at the Bearish Threshold…”

Cryptocurrency analyst Axel Adler commented on Bitcoin's current market outlook. He said the market is trading on the edge of bear mode. “The market is currently on the verge of bearish mode: the integral index is at 43% (below the threshold of 45%). This suggests that pressure is still heavy, but we are not at an extreme level; we are quite close to neutral territory,” Adler said. The expert noted that Bitcoin is trading at $111,000, a 3% discount to its fair value of $115,000. Adler argued that the market hasn't yet seen any sustained bullish signals, with red segments predominating, but sellers are no longer at peak strength due to lower volatility in the integral index compared to recent lows. Related News: Major Company Announces Investment in Binance-Listed Altcoins - Both Altcoins Backed Adler summarized the picture as follows: The balance has shifted gently to the bearish side. We are currently at a threshold where a few hours of coordinated recovery in derivatives markets could lead to a return to neutral or slightly bullish mode. However, unless that happens, the market remains in a scenario of technical bounces towards $115,000; there is insufficient strength for a trend reversal. *This is not investment advice. Continue Reading: Experienced Analyst Provides Hot Information on the Latest Situation in Bitcoin: “We’re at the Bearish Threshold…”