header-langage
简体中文
繁體中文
English
Tiếng Việt
한국어
日本語
ภาษาไทย
Türkçe
Scan to Download the APP
Partnered With:

Analyst: Bears have significantly turned more conservative in this bull market cycle, with the market showing stronger bullish signals

BlockBeats News, May 17th, CryptoQuant analyst Axel Adler Jr. posted on social media, stating, "In the current bull market cycle, compared to the 2021 price action, traders betting on price declines have been notably more cautious when establishing short positions. The only significant long squeeze occurred during a pullback in Bitcoin around the $80,000 level."


This shift in sentiment indicates that shorts have become more risk-averse, which is typically seen as a bullish signal."

举报 Correction/Report
Correction/Report
Submit
Add Library
Visible to myself only
Public
Save
Choose Library
Add Library
Cancel
Finish