Coin界 reported that CryptoQuant analyst Axel Adler Jr posted on social media stating that Bitcoin's current price has risen back above fair value, with market structure showing significant changes compared to two weeks ago. Axel Adler Jr pointed out that two weeks ago, the market was dominated by bears, with Bitcoin's price below fair value, and his model was also in a "bear regime" state. As of now, this structure has completely reversed—the price has rebounded above fair value, and the dominance of bears over the market has come to an end.

BTC2.83%
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