Analysts: Indicator convergence suggests the market rebound is not driven by short squeeze, but rather signals a structural shift.

According to Mars Finance, on March 5th, independent crypto market analyst Axel Adler stated that the Bitcoin Regime Score has recovered from its year-to-date low of -47 on February 7th to +0.98 on March 4th, crossing the zero line. This reading is deeper than the -37 in November 2025 (requiring 33 days to recover) and -35 in August (requiring 11 days to recover), but the recovery time of 25 days is relatively faster. The analyst points out that the normalization of funding rates, coupled with prices holding above $70,000, will be a key trigger for the Regime Score to continue entering bullish territory, requiring traders to actively open long positions. Meanwhile, the Price Structure indicator rose from +0.07 to +0.57 between March 2nd and 4th, crossing the zero line and turning positive in sync with the Bitcoin Regime Score. This is the first time the two indicators have overlapped since January, when they coincided with a subsequent 7-8% price increase. Analysts believe that the synchronization of signals from the two independent methodologies indicates that the current trend is not a localized short squeeze, but rather a signal of a structural shift, showing greater synchronicity than the lagging confirmation pattern in January.