CryptoQuant analyst: expects BTC to experience short-term correction or consolidation below $108000

Odaily Planet Daily News: According to CryptoQuant analyst Axel Adler Jr, there has been a clear trend of long liquidation and active short trading volume within the past hour. This is a typical 'soft reversal point' after an upward trend: the funding rate remains positive but the number of open contracts decreases, and it is expected to experience short-term adjustments or consolidation below $108000.