According to news from CoinWorld, on June 1, CryptoQuant analyst Axel Adler Jr stated, "Although the price of Bitcoin briefly pulled back to $103,000–$104,000, the fundamentals remain bullish: trading platform reserves continue to decrease, corporate purchases continue to pressure supply, while long-term holders continue to accumulate, creating a 'buffer' below the market. Meanwhile, the macro situation presents mixed signals: the slowdown in PCE inflation alleviates some of the Federal Reserve's policy pressure, but uncertainty around tariffs and rising yields reinforce a 'risk-averse' atmosphere, suppressing the market's growth willingness. The baseline scenario for next week is for Bitcoin's price to consolidate between $103,000 and $110,000 until new driving factors emerge. If trading volume increases and momentum breaks 20%, accompanied by a break above $110,000, it can confirm that the market is ready to test the $115,000–$120,000 range. Conversely, if net capital inflows turn positive and the price falls below $100,000, it may suggest a deeper pullback."

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