CryptoQuant analyst Darkfost reports that Bitcoin's "seller exhaustion" indicator has fallen to low levels comparable to bear market periods, signaling that selling pressure is diminishing. The metric compares the share of supply in profit with average monthly volatility and reflects short-term profits being realized amid Bitcoin's more than 10% pullback from its previous high.
Historically, such declines in selling pressure have helped form market bottoms, but Darkfost cautions that this does not guarantee a recovery. Even with sellers becoming exhausted, the market still lacks sufficient demand to drive prices higher.
Bitcoin Sellers Exhausted as CryptoQuant Indicator Hits Bear Market Lows, But Demand Still Missing
Aviso legal: El contenido de Phemex News es únicamente informativo.No garantizamos la calidad, precisión ni integridad de la información procedente de artículos de terceros.El contenido de esta página no constituye asesoramiento financiero ni de inversión.Le recomendamos encarecidamente que realice su propia investigación y consulte con un asesor financiero cualificado antes de tomar cualquier decisión de inversión.
