Axel Adler Jr.: Bitcoin's $60000 funding range and $48300 potential structural bottom

CryptoQuant analyst Axel Adler Jr. stated that when Bitcoin fell to $60000, the seller's risk ratio (SSRR) entered the red zone, with loss making supply exceeding profit making supply. The CVDD valuation model shows that the structural bottom is around $48300, a level that has almost never been closed below in Bitcoin's history. At present, Bitcoin has rebounded to $66000, and Smooth SSRR has begun to turn around and rise. Axel Adler Jr. believes that $60000 is the behavioral stress zone and $48300 is the structural risk boundary.