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CryptoQuant Analyst: BTC is expected to undergo a short-term correction or consolidate below $108,000.
Odaily News According to CryptoQuant analyst Axel Adler Jr, there has been a significant close position of long positions and active volume of short positions in the last hour. This is a typical soft reversal point after a pump trend: the funding rate remains positive, but the number of open contracts is declining, indicating an expected short-term adjustment or consolidation below $108,000.