Analyst: Shorts Are Pressuring the BTC Market and Remain in Control
Nov 8, 15:50
November 8: CryptoQuant analyst Axel Adler Jr. said in a post that since October 14, CVD (cumulative volume delta) has turned negative and has fallen to 105,300 BTC, meaning aggressive selling has exceeded aggressive buying. Over the same period, the price fell from $84,000 to $76,000. Axel Adler Jr. said shorts are pressuring the market and remain dominant.