Axel Adler: The market for bitcoin derivatives is less dynamic and the market is not yet completely empty

According to CryptoQuant Analyst Axel Adler, according to the early release of In-A monitoring, the Bitcoin derivatives market kinetic energy indicator dropped from 41 per cent to 13 per cent, indicating a weakening of multi-active energy, but the market has yet to be fully closed. At present, the price of bitcoin is around US$ 63.39 million, and market capacity performance is strong. Axel Adler argued that the market needed to focus on changes in derivative capital flows and that if the indicators fell into negative areas, empty forces would dominate if prices remained stable, reflecting the fact that spot demand still underpinned the market。