CryptoQuant analyst: Bitcoin short-term market pressure index rises driven by price

CryptoQuant analyst Axel Adler Jr. stated that the short-term market pressure index for Bitcoin has risen to 16, driven by price volatility rather than increased exchange selling pressure. The pressure index consists of price pressure, capital flow pressure, and leverage pressure, with current price pressure being the main factor. Historical data shows that the index only rises above 50 when there is an increase in liquidity pressure on the exchange.