Potential selling pressure on Bitcoin is heating up.
Analyst Darkfost's seller exhaustion indicator suddenly hit a critical level that previously signaled local tops during this cycle, as BTC rebounded above $85,000. Short-term holders are showing the clearest signs of activity.
If demand can't absorb the supply, this potential selling pressure could turn into actual sell orders, making it easier for the price to stall and then pull back. The indicator will gradually recover once volatility narrows.
Above $85,000, would you dare to place a bid, or wait for a pullback before entering?
$BTC $ETH $SOL #比特币 #On-chain data
Analyst Darkfost's seller exhaustion indicator suddenly hit a critical level that previously signaled local tops during this cycle, as BTC rebounded above $85,000. Short-term holders are showing the clearest signs of activity.
If demand can't absorb the supply, this potential selling pressure could turn into actual sell orders, making it easier for the price to stall and then pull back. The indicator will gradually recover once volatility narrows.
Above $85,000, would you dare to place a bid, or wait for a pullback before entering?
$BTC $ETH $SOL #比特币 #On-chain data