Bitcoin Seller Fatigue Is Building — But Prior Bottoms Went Deeper Glassnode’s Seller Exhaustion Constant (30D) is showing clear signs of seller fatigue as $BTC trades near the mid-$60,000s. What the metric shows: > The indicator (percent of supply in profit × 30-day volatility) has dropped sharply and is approaching cycle lows.
> Historical major bottoms in 2014–15, 2018–19, and 2022–23 all saw the constant fall below the ~0.01 threshold (highlighted zone on the chart).
> The current reading remains above that deeper extreme, meaning full historical bottom confirmation has not yet printed.
Sellers appear to be running out of steam after months of distribution, but the data suggests the market has not yet reached the same level of capitulation seen at previous cycle lows. Glassnode continues to monitor whether selling stalls further. Seller Exhaustion Is Setting In for $BTC — Old Bottoms Were Still Deeper Is this the late stage of seller pressure, or does Bitcoin still need one more leg down to match historical bottom signatures?
#Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Price Analysis#
> Historical major bottoms in 2014–15, 2018–19, and 2022–23 all saw the constant fall below the ~0.01 threshold (highlighted zone on the chart).
> The current reading remains above that deeper extreme, meaning full historical bottom confirmation has not yet printed.
Sellers appear to be running out of steam after months of distribution, but the data suggests the market has not yet reached the same level of capitulation seen at previous cycle lows. Glassnode continues to monitor whether selling stalls further. Seller Exhaustion Is Setting In for $BTC — Old Bottoms Were Still Deeper Is this the late stage of seller pressure, or does Bitcoin still need one more leg down to match historical bottom signatures?
#Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Price Analysis#