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Axel Adler Jr., a CryptoQuant analyst, shared his view of a classic short-term downturn for Bitcoin, driven by short-term holders (STHs) being underwater and sentiment rolling decisively risk-off. When price trades below the realized price of STHs, it usually means that:  This creates a situation where people sell into any price increase, not one where […] Read The Full Article CryptoQuant Analyst Warns of Heightened Risk for Bitcoin as Sentiment Turns Red On Coin Edition.
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