Crypto analyst Darkfost said falling BTC selling pressure could mean the market is bottoming, with the Seller Exhaustion Constant back at past bear-market levels. He said a rebound still needs fresh buying demand, which is lacking.
The story so far: Darkfost on Bitcoin seller pressure (3 flashes)
Analyst Darkfost has tracked Bitcoin seller pressure, citing his Seller Exhaustion indicator near local-top levels after a rally above $85,000, then falling to bear-market levels after a pullback. He now says easing selling pressure may point to a bottom, though a rebound still needs fresh buying demand.
Darkfost says Bitcoin short-term holders are selling at a loss as panic builds
Analyst Darkfost said short-term Bitcoin holders moved more than 50,000 BTC to exchanges in a single day, with over 29,500 BTC sent at a loss, about 59% of inflows and the largest realised loss by this group in nearly four months. Bitcoin traded near $82,000 and was retesting the high set in May, he said.
Darkfost says Bitcoin seller pressure is intensifying after rally above $85,000
Crypto analyst Darkfost said Bitcoin has entered a phase of markedly higher seller pressure after a recent rally took its price above $85,000. He said the Seller Exhaustion indicator, which combines supply in profit and volatility, is near levels seen at several local tops this cycle, with the rise especially visible among short-term holders.
Darkfost says Bitcoin MVRV falls to 25.7%, entering accumulation zone
Crypto analyst Darkfost said Bitcoin met resistance near $87,000 and fell back, with its MVRV reading dropping below the 30% percentile to 25.7% after a capitulation sell-off. He said the level, while above the deeply undervalued range usually seen at market bottoms, still fits a coin accumulation zone.
CryptoQuant's Darkfost says Bitcoin sellers are tiring but demand is still missing
CryptoQuant analyst Darkfost said Bitcoin's seller exhaustion indicator has fallen to levels seen in bear markets, consistent with short-term profits being taken and a pullback of more than 10% from the previous high. He said such declines have historically helped form bottoms, but Bitcoin still lacks demand.
Darkfost says easing BTC selling pressure may point to a bottom
Crypto analyst Darkfost said falling BTC selling pressure could mean the market is bottoming, with the Seller Exhaustion Constant back at past bear-market levels. He said a rebound still needs fresh buying demand, which is lacking.
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