Crypto Market Faces Potential Short-Term Adjustment

According to Odaily, CryptoQuant analyst Axel Adler Jr has revealed a noticeable increase in long position closures and active short trading volume within the past hour. This situation represents a typical 'soft reversal point' following an upward trend. While the funding rate remains positive, the number of open contracts is decreasing, suggesting a potential short-term adjustment or consolidation below $108,000.