Bitcoin Market Enters Consolidation Phase Amid Economic Uncertainty

According to BlockBeats, CryptoQuant analyst Axel Adler Jr has indicated that the Bitcoin market is currently in a "consolidation" phase this week. The cryptocurrency's price is fluctuating between $110,000 and $112,000, hovering near the maximum pain point area. While derivative sellers have lost their dominant position, growth momentum remains weak. On-chain indicators reveal a decline in activity, with a positive net outflow from trading platforms source: https://www.binance.com/en/square/post/29365361685961?utm_source=BinanceNewsRSS