Bitcoin seller pressure has intensified significantly following the cryptocurrency's recent rally above $85,000, with the Seller Exhaustion indicator reaching levels consistent with previous local tops in this cycle. The metric, which combines supply in profit and volatility to identify market risk phases, shows a sudden increase particularly among short-term holders.
Market participants must now monitor whether demand improves and volatility converges to prevent a potential pullback. A return to normal indicator readings would signal that selling pressure has been absorbed, while sustained elevation at current thresholds suggests elevated downside risk in the near term.
Bitcoin Seller Pressure Hits Cycle Local Top Levels After $85K Rally
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