On May 2, CryptoQuant analyst Axel Adler Jr. stated that Bitcoin has currently entered the lower range of the Adjusted Realized Price Bands model, which may indicate the beginning of a market bottom. However, this process is not expected to be completed in the short term. The analyst estimates that a typical bottoming process takes about six months. A true bull market reversal cannot be driven by sentiment or short-term rebounds; it will only occur when the market begins to see forward-looking value and when real spot demand returns in the long term.
All Comments