Analysis: Bitcoin momentum indicator drops to -59, with active buying demand turning negative on the 30th BlockBeats news, on June 3rd, according to analyst Adler's latest post, the Bitcoin Impulse indicator, which reflects the momentum of Bitcoin prices, has fallen to -59, indicating that market momentum is rapidly turning negative; At the same time, the 30 day Net Taker Volume Position Change indicator, which measures changes in active buying and selling forces, has also fallen below the zero axis for the first time in nearly three months, indicating that the active buying demand that drove the previous upward trend has been basically exhausted. The momentum indicator usually leads the changes in capital flow. At present, both fast and slow kinetic energy indicators are in the deep negative zone, with fast kinetic energy approaching -90 and slow kinetic energy rapidly dropping to -59 after falling below the zero axis at the end of May. On the other hand, although the demand indicator for active buying on the 30th has just turned negative, it has not yet entered the 'bear market zone'. Adler believes that the current market is transitioning from a "buyer dominated" phase to a "seller dominated" phase, with an overall risk off state. If the demand for active buying further declines and enters a bear market area, while the momentum continues to maintain negative values, it will further confirm the bearish trend in the market; On the contrary, if active buying returns to above the zero axis, it may provide a rebound opportunity for the market.