BlockBeats News: On June 1st, CryptoQuant analyst Axel Adler Jr wrote that "despite a brief pullback in Bitcoin prices to $103000-104000, fundamentals remain bullish: trading platform reserves continue to decrease, corporate purchases continue to pressure supply, and long-term holders continue to increase their holdings, forming a 'buffer' below the market.
At the same time, the macro situation presents a mixed signal: the slowdown in PCE inflation has eased some of the policy pressure on the Federal Reserve, but tariff uncertainty and rising yields have strengthened the atmosphere of "risk aversion" and suppressed the market's willingness to grow.
The benchmark scenario for next week is a sideways consolidation of Bitcoin prices between $103000 and $110000 until new driving factors emerge. If the trading volume increases and the momentum breaks through 20%, accompanied by a breakthrough of $110000, it can be confirmed that the market is ready to test the $115000-120000 range. On the contrary, if the net inflow of funds turns positive and the price falls below $100000, it may indicate a deeper correction
