Analyst: Market shifts from bearish pressure to neutral bullish

律动BlockBeats
律动BlockBeats|Aug 08, 2025 06:25
CryptoQuant analyst Axel Adler Jr stated that the SMA-120 line has reversed upward since the end of July and touched the zero axis, indicating that the market has shifted from aggressive bearish pressure to neutral bullish. If SMA-120 stabilizes above the zero axis in the next two days, it will confirm a trend shift.
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