Analyst: Too early to call BTC trend reversal despite positive signs

It is too early to confirm a trend reversal for Bitcoin, despite some positive on-chain signals, according to analyst Axel Adler Jr. In a recent blog post, he explained that while buying pressure from short-term holders (those holding for less than 155 days) is slightly outpacing selling pressure, a broader recovery is not yet certain. Adler also pointed to a minor net inflow into spot ETFs following eight consecutive weeks of outflows. However, he cautioned that with major economic indicators due this week and overall ETF flows for the past month remaining negative, it is difficult to say the trend has reversed.