[Opinion: Bitcoin Spot Trading Environment Improves and Selling Pressure Eases] Odaily Planet Daily reports, according to monitoring by Glassnode, there are signs of improvement in the Bitcoin spot market environment, with spot trading volume rebounding and selling pressure easing. Although Bitcoin's price once fell below $93,000 and demand remains fragile, the net buy-sell imbalance indicator has broken above the upper statistical range, signaling a significant reduction in selling pressure. OKX Singapore CEO Gracie Lin stated that the market has absorbed most of the profit-taking expected by the end of 2025, and long-term holders are less willing to sell during rebounds, while institutions continue to buy through ETFs during pullbacks. As trade conflicts escalate and gold prices hit record highs, Bitcoin is increasingly being viewed as a hedging tool in investment portfolios rather than merely a short-term trading asset. Swissblock analysts pointed out that the slowdown in Bitcoin network growth and recent liquidity exhaustion are similar to the situation in 2022. Historical experience suggests that subsequent indicator recoveries have driven major bull markets. Currently, Bitcoin remains in a consolidation phase, but internal conditions are improving. (Cointelegraph)