Bitcoin researcher Axel Adler Jr. emphasized in his analysis evaluating current developments in the cryptocurrency market that the current bull cycle is based on solid fundamentals and that the market is becoming increasingly mature.
Adler Jr. stated that Bitcoin experienced only two deep corrections during the bull phase that started in November 2022: He expressed that after the declines of over 30% occurring in August 2024 and April 2025, prices quickly rebounded to reach new peaks. Other pullbacks remained limited in the 10-20% range and did not disrupt the classic 'shake-out' effect of the upward trend. Adler Jr. mentioned that currently the weekly simple moving average (SMA) has only seen a decrease of about 7% and that the current pullback is limited to about 4.7%, indicating a calm consolidation process in the $100-106 thousand range.
According to the analyst, the market is still repeating the 'deep correction - accumulation - new rise' cycle, and the pullbacks in this cycle becoming increasingly shallow stand out as an important indicator of market maturity. He stated that if no serious negative news occurs, the strong support at the $96,000 level will allow the bull trend to continue and that new all-time highs (ATH) are on the agenda.
Another important point highlighted by Adler Jr. was the decrease in Bitcoin flows in centralized exchanges (CEX). The daily average total flow volume (inflow + outflow) has decreased to 40,000 BTC, reaching its lowest level in the last 10 years. This indicates that investors prefer to withdraw their Bitcoins from exchanges and hold them long-term, suggesting a potential liquidity squeeze in the market.
The weekly net flow continues to remain negative at -4,300 BTC; meaning the amount of coins deposited into exchanges is behind the amount withdrawn. However, the 30-day average inflow/outflow rate is at similar levels to the end of 2023 and the beginning periods of the bull market. Adler Jr. noted that this data indicates strong ongoing demand for Bitcoin.
PLEASE READ CAREFULLY FOR A $10 GIFT FOR 170 PEOPLE.
Friends who have not yet activated the futures trading section will earn $10 when they activate the futures section by entering my referral code 88623008. The first 170 people will benefit from this reward.
I AM EXPLAINING IN DETAIL.
My brothers who registered on Binance without a referral, please listen carefully;
You will earn 10 USDT when you follow my instructions in order.
Enter the Futures section from your application,
Enter the REFERRAL CODE in the next screen and open your account by entering the code 88623008.
Brothers who want to complete this process by April 10th to receive a 10 USDT reward can do so. After that, it will be sufficient for you to have a trading volume of $30 after activating your account. However, even if you do this process after April 10th, your reward will not come. Therefore, I recommend you to handle it within 5 seconds.
THE SYSTEM WORKS ON A FIRST-COME-FIRST-SERVED BASIS. THEREFORE, DO NOT BE LATE TO CLAIM YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.
PLEASE READ CAREFULLY FOR A $3,300 GIFT.
Friends, you know that we do our best for you as publishers. We communicate the services and opportunities provided to us by our authorities to you. I have never withheld my support for both the cryptocurrency market and you; on the contrary, I strive to provide more support.
Now I will explain how to claim your gift. First, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain how to activate it in a detailed and simple way.
So, who can benefit?
Friends who have not yet activated the Futures section can activate it by entering my referral code 88623008 when opening the FUTURES section. It is an easy process. I have indicated where it is below.