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Analyst: The market is in a "recovery" phase, with sellers dominating the derivatives market

Analyst: The market is in a "recovery" phase, with sellers dominating the derivatives market

BlockBeatsBlockBeats2025/08/31 18:15
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BlockBeats News, on August 31, CryptoQuant analyst Axel Adler Jr stated that the market has been in a "recovery" phase over the past week. Macroeconomic data and yields have suppressed risk appetite, derivatives indicate sellers are dominant, the on-chain environment is neutral to slightly weak, and the price of bitcoin has been suppressed to the lower band of the Bollinger Bands.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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