Cryptoquant analyst Axel Adler Jr released a market analysis indicating that the market structure has changed, with the Composite Index falling below the threshold of − 0.4, indicating that bears are dominant, while the spread of the Fast-Slow EMA is negative, with the trend and price located in the lower zone of the 21st Donchian channel.
The market has entered corrective range-bound pattern, and the current rally is more of a temporary recovery than a trend restart. Within the channel, the key support is at $109,500. Holding this level and pushing the structure back above zero will restore the bulls and could lead to a remeasurement of $117,700.
Analysts: The market has entered a corrective range-bound pattern, and the current rebound is more of a temporary recovery
2025-09-24 05:33:34
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Binance: Zerobase (ZBT) TGE activity threshold is 218 pointsNext article：
Aptos Labs：共识升级Velociraptr可将出块时间缩短40%
