CryptoQuant: Bitcoin must hold the $87,000 fair value, $79,000 ETF cost basis, and $74,000 volatility floor Crypto analysis firm CryptoQuant analyst Axel Adler Jr. pointed out that the market is currently at a crossroads between bull and bear territory, and the trend in the coming weeks will depend on whether it can hold three key 'lifelines.' He warned that these three critical price levels are the $87,000 'fair value,' the $79,000 'U.S. ETF average cost basis,' and the $74,000 'short-term volatility range floor.' If these levels hold, the current pullback might just be a deep 'shakeout' within the bull market. However, if they are lost—especially if the $87,000 fair value is breached—the market risk will increase sharply, potentially signaling a deeper correction or even the start of a bear market.