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TechFlow news, June 12 — According to CryptoQuant analyst Axel Adler Jr., there has been a noticeable wave of long position liquidations and aggressive short trading volume within the past hour. This is a typical "soft reversal point" following an uptrend: funding rates remain positive while open interest declines, indicating a likely short-term correction or consolidation below $108,000.
According to CryptoQuant analyst Axel Adler Jr, there has been a noticeable long liquidation and active short trading volume within the past hour. This is a typical "soft reversal point" following an uptrend: funding rates remain positive but open interest is declining, indicating a likely short-term correction or consolidation below $108,000.
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