BTC short-term holder buying pressure rises to 30%, selling pressure drops to multi-month low

Odaily Odaily reports that CryptoQuant analyst Axel Adler Jr. stated that Bitcoin's short-term holder realized price pressure model has once again shifted to buyer dominance at a low point, replaying the rebound pattern that followed the correction in February. The current buyer pressure score is about 30%, higher than the seller's 22%, with seller pressure compressed to a multi-month low. Chips are moving from short-term holders to stronger buyers, consistent with the accumulation phase characteristics.

Bitcoin's current price is $63,900, located near the lower bound of the short-term holder cost basis range of $61,600. This is about 4% higher than the latest buyer cost basis and nearly 10% lower than the comprehensive cost basis of $71,000. Axel Adler Jr. points out that as long as the $61,600 lower boundary holds, the demand structure remains intact; if this level is lost, the newest holders will also fall into losses.