This quick update in the Telegram channel shows a 24-hour change of +0.39%, with Bitcoin ($BTC ) currently at 83,150 USDT. On October 11, analyst Darkfost posted on X that Bitcoin has entered a phase of markedly intensifying selling pressure—referring to potential pressure to sell, not selling that has already taken place. The “Seller Exhaustion” indicator combines the share of supply in profit with volatility to identify periods of risk and stability. After a rebound pushed the price above $85,000, the indicator showed that the market was entering a zone where selling pressure could intensify. The shift came quite suddenly and was especially noticeable among short-term holders. Volatility will gradually ease; there’s no need to fixate on the exact figures—the trend is already fairly clear. The indicator has now reached a critical level, close to one that marked local tops earlier in this market cycle. The key question now is whether demand can absorb the selling. What do you think about this potential selling pressure?
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