吴说区块链|10月 20, 2026 07:18
Crypto market analyst Axel Adler Jr. shared the latest market insights, noting that Bitcoin has dropped from $86,700 on October 2 to $81,600 on October 20, a cumulative decline of about 6%. Market structure signals have fallen from +0.37 a week ago to -0.32, sitting in the neutral zone and not yet hitting the bearish threshold below -0.5. Over the past three weeks, the lower boundary of the price range has been at $80,400. If Bitcoin stays above this level, the current movement is still considered a normal correction; however, if it breaks below and the structure signal drops below -0.5, the correction could turn into a downtrend.
In the futures market, the long-short index has remained below 50 since October 17. On October 19, it briefly approached 50 but failed to break through, currently retreating to 46. Axel stated that a decisive break above 50 would be the first signal of buyers returning, but for now, sellers remain in control.
https://www.(wublock123.com)/news/bitcoin-structural-correction-futures-sellers-dominate-70362
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