[Analyst: Bitcoin Position Indicator Returns to Neutral, Market Digests Strong Bearish Pressure] BlockBeats news, November 17, CryptoQuant analyst Axel Adler Jr wrote, 'The Bitcoin position index measures the overall direction and intensity of the futures market, specifically the aggressiveness of participants in opening long or short positions. After experiencing strong bearish pressure, the indicator has now returned to a neutral level. The market is taking a slight pause to digest recent changes, which will be healthier for the trend.'