[Analyst: Bears are putting pressure on the BTC market and currently still dominate] CryptoQuant analyst Axel Adler Jr. wrote that since October 14th, the CVD (Cumulative Volume Difference) has turned negative and dropped to 105,300 BTC, meaning that active selling has exceeded active buying. During the same period, the price fell from $84,000 to $76,000. Axel Adler Jr. stated that bears are putting pressure on the market and currently still dominate.