[Analysis: Bitcoin Short Pressure Has Been Absorbed, Position Indicator Returns to Neutral] Odaily Planet Daily News - CryptoQuant analyst Axel Adler Jr stated that the Bitcoin position index is used to measure the aggressiveness of long and short forces in the futures market. After experiencing a period of significant short pressure, the indicator has returned to the neutral range. He pointed out that after the market briefly slowed down and absorbed recent fluctuations, the overall structure has become healthier.