CryptoQuant analyst Axel Adler Jr posted on social media on March 16, according to Deep Tide TechFlow, stating that Bitcoin's current price has risen back above Fair Value, with market structure showing significant changes compared to two weeks ago.

Axel Adler Jr pointed out that two weeks ago the market was in a bearish-dominated phase, with Bitcoin's price below Fair Value, and the model he uses was also in a "Bear Regime" state. As of now, the aforementioned structure has completely reversed—price has recovered to above Fair Value, and the bearish control over the market has come to an end.