[Glassnode: Bitcoin's Short-Term Stabilization May Depend on Easing Selling Pressure and Recovery in Demand] According to Glassnode's analysis, Bitcoin has dropped to $74,000, with the 14-day RSI entering the oversold zone and momentum significantly weakening. Spot trading volume has rebounded slightly but remains sluggish, indicating that the downtrend persists rather than signaling dip-buying activity. The spot market is dominated by sellers, ETFs remain under pressure, the derivatives market shows clear signs of deleveraging, on-chain activity is subdued, and the overall market has entered a risk-averse mode. Short-term stabilization may depend on the easing of selling pressure and a recovery in demand.