BlockBeats news, on June 1st, CryptoQuant analyst Axel Adler Jr stated that "despite Bitcoin prices briefly pulling back to $103,000–$104,000, the fundamentals remain bullish: trading platform reserves continue to decrease, corporate purchases continue to pressure supply, while long-term holders continue to accumulate, forming a 'buffer' below the market. Meanwhile, the macro situation shows mixed signals: PCE inflation slowing eases some of The Federal Reserve's policy pressures, but tariff uncertainty and rising yields strengthen the 'risk-averse' atmosphere, suppressing the market's willingness to rise. The benchmark scenario for next week is for Bitcoin prices to consolidate sideways between $103,000 and $110,000 until new driving factors emerge. If trading volume increases and momentum breaks 20%, along with a breakthrough above 110,