Bitcoin Holds $88K–$89K as Sell-Side Pressure Builds, Taker Flow Metrics Turn Bearish

According to Axel Adler Jr., Bitcoin is holding around $88–89K while derivatives taker-flow metrics weaken in tandem. Cumulative Flow Z sits in the -1 to -2σ range and Ratio Z SMA(30) reads -0.3; a sustained drop of Flow Z below -2 with Ratio Z below -0.4 could open risk toward the $85–87K zone.