CryptoQuant Analyst: The Market Has Shifted from Aggressive Bearish Pressure to a Neutral Bullish Stance
Foresight News reports that CryptoQuant analyst Axel Adler Jr tweeted, "Since the end of July, after a prolonged bearish trend, the SMA-120 line has reversed upward and touched the zero axis. A similar attempt failed a week ago. The market has now transitioned from an aggressive bearish pressure phase to a neutral bullish stance."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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