CryptoQuant: Bitcoin needs to maintain a fair value of $87,000, an ETF holdings cost of $79,000, and a fluctuation lower limit of $74,000.

PANews, November 18 news, the analyst Axel Adler Jr. from the crypto analysis company CryptoQuant clearly pointed out that the current market is at a crossroads between bulls and bears, and the trend in the coming weeks will depend on whether it can hold the three “lifelines”. He warned that these three key price levels are the “fair value” at $87,000, the “average holding cost of the US ETF” at $79,000, and the “lower limit of the short-term fluctuation range” at $74,000. Holding these positions could mean that the current pullback is just a deep “whipsaw” in a bull run; however, if these levels are lost, especially if the fair value of $87,000 is breached, the market risk will escalate sharply, potentially indicating a deeper pullback or even the beginning of a bear market.