CryptoQuant: Bitcoin must maintain a fair value of $87,000, an ETF holdings cost of $79,000, and a fluctuation lower limit of $74,000.

According to Mars Finance, analyst Axel Adler Jr. from the encryption analysis company CryptoQuant clearly pointed out that the current market is at the crossroads of the bull and bear boundary, and the trend in the coming weeks will depend on whether the three “lifelines” can be maintained. He warned that these three key price levels are the “fair value” at $87,000, the “average holdings cost of the US ETF” at $79,000, and the “lower limit of the short-term fluctuation range” at $74,000. Maintaining these positions, the current pullback may just be a deep “whipsaw” in the bull run; however, if they are lost, especially if the fair value of $87,000 is breached, market risks will escalate sharply, potentially indicating a deeper pullback or even the beginning of a bear market.