CryptoQuant: BTC has experienced short-term overheating, and the upward trend may hit a record high in the next two weeks

Odaily Planet Daily News CryptoQuant analyst Axel Adler Jr posted on the X platform that the trading price of BTC futures is relatively high than spot prices, with a basis that is consistently positive, with an average of more than 30 days on the 7th day, indicating a bullish state. The overheating/divergence signal appears before the FAPC, a short-term overheating (the basis rises with light volume), indicating that this trend is in a later stage. Basic situation for the next two weeks (possibility is 70%): Gradually upward trend/sided consolidation. If a set of green trend confirmation signals appear in the next few days (price increase + basis increase + OI increase), this will indicate the possibility of new bulls participating and adding new ATH.