Is Bitcoin getting closer to the bottom?
Glassnode detects a signal worth following: Bitcoin sellers are starting to lose momentum, while the market moves within a tight range and selling pressure gradually eases.
But there’s an important point: selling exhaustion doesn’t mean the bottom is guaranteed.
Glassnode indicates that the current indicators have not yet reached the historical levels that appeared at the bottoms of previous bearish markets.
The equation now is simple:
🔹 Sellers begin to get exhausted
🔹 Volatility declines
🔹 But strong demand from buyers has not yet shown up in sufficient form
🔹 Therefore, the market needs additional confirmation before calling the bottom final
The market may be in a phase of exhausting sellers and building a price base, but real confirmation will come when demand returns strongly and Bitcoin starts reclaiming key resistance levels.
Conclusion:
The signal is positive in terms of selling pressure, but it’s not a confirmed buy signal yet. At this stage, patience and monitoring demand behavior matter more than chasing any rebound.

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