Axel Adler Jr.: Capital inflows in the Bitcoin chain have shifted, but demand intensity remains low

Analyst Axel Adler Jr. states that Bitcoin has improved in its two chain flow indicators in the second half of August, and that the relative change in market value has moved to +0.21 per cent for the first time since the end of May, synchronized with Bitcoin's rebound from a low point in August to $79,100, and that the 30-day watch demand exceeded the new distribution for six days in a row. Capital inflows are currently ranked lowest by 3-4 per cent of historical positive readings and by 10 per cent of observations above 1. He noted that directional change was more important than the intensity of demand and that the sustainability of the current rebound remained questionable if the two indicators were not to be expanded。