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[Analysis: BTC Short-Term Holders Buying the Dip Like in February, Selling Pressure Easing] CryptoQuant analyst Axel Adler Jr. stated that the realized pressure model for Bitcoin short-term holders has once again shifted to buyer dominance at the lows, mirroring the rebound pattern following the February pullback. The current buyer pressure score is approximately 30%, higher than the seller pressure score of 22%. Seller pressure has compressed to multi-month lows, with tokens transferring from short-term holders to stronger buyers, aligning with the characteristics of an accumulation phase. The price is currently at $63,900, near the lower boundary of the short-term holders' cost basis range at around $61,600, approximately 4% higher than the latest buyers' cost basis and nearly 10% lower than the aggregate cost basis of $71,000. The analyst pointed out that as long as the $61,600 lower boundary holds, the demand structure remains intact; however, if this level is breached, the latest holders will also face losses.

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