TechFlow news, September 4 — According to CryptoQuant analyst Axel Adler Jr., BTC is currently trading around $110,700, holding above the short-term holder realized price of $107,600 (a key monthly bullish support level). The overall realized price stands at $52,800, while long-term holders' realized price is $35,600. BTC's price remains significantly above both levels, confirming a structural uptrend.
The analyst noted that higher timeframes remain bullish, but the market is currently in a consolidation phase and sensitive to profit-taking. The short-term holder realized price at $107,000 serves as a key reference point.
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