Bitcoin's recent price dips are attributed to market structure issues rather than direct selling pressure, according to NewsBTC. On-chain data indicates minimal distribution among holders, with the weakness primarily linked to stablecoin shorts and market maker neutrality. Synthetic pressure from stablecoin leverage is impacting spot markets, as noted by Sweep from GlydeGG.
Additionally, Crypto Miners reports that $300 billion worth of Bitcoin is expected to re-enter circulation in 2025 through over-the-counter trades and ETFs. Despite this, long-term holder distribution has reached a five-year high, and ETF flows have turned negative. K33Research suggests that the current phase of market instability is nearing its end, with support and resistance levels expected to stabilize by 2026.
Bitcoin Dips Attributed to Market Structure, Not Selling Pressure
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