Analyst: Resonance Indicator Shows Market Rebound Not Driven by Short Squeeze, But Rather a Signal of Structural Shift

BlockBeats News, March 5th. Independent crypto market analyst Axel Adler stated that the Bitcoin market regime score has recovered from the year-to-date low of -47 on February 7th to +0.98 on March 4th, completing a zero axis crossing. The reading, though deeper than the -37 in November 2025 (requiring 33 days to recover) and the -35 in August (requiring 11 days to recover), took 25 days to recover, showing a relatively faster pace.

The analyst pointed out that the normalization of the funding rate, along with the price holding above $70,000, will be a key triggering condition to sustain the regime score's entry into the bull market territory, indicating the need to observe traders shifting to actively open long positions.

Meanwhile, the price structure indicator rose from +0.07 to +0.57 between March 2nd and 4th, crossing the zero axis and turning positive in sync with the Bitcoin market regime score. This is the first overlap of these two indicators since January, when the synchronicity was followed by a subsequent price increase of 7-8%. The analyst believes that the synchronous signals from these two independent methodologies indicate that the current trend is not merely a local short squeeze but a signal of structural transformation, showing more synchronicity compared to the lagged confirmation pattern observed in January.