Bitcoin Impulse Indicator Falls to -59, 30-Day Taker Volume Turns Negative on June 3

According to analyst Adler, as reported by BlockBeats, on June 3, Bitcoin Impulse indicator fell to -59, signaling rapid deterioration in market momentum. Simultaneously, the 30-day Net Taker Volume Position Change crossed below zero for the first time in three months, indicating that the active buying demand that had driven the prior uptrend has largely been exhausted.

Adler noted that fast-moving momentum indicators are near -90, while slow-moving indicators have declined to -59 since late May. The market is transitioning from a buyer-dominated phase to one favoring sellers.