[Glassnode: Bitcoin Spot Selling Pressure Intensifies, Distribution Pressure Gradually Accumulating] BlockBeats News, May 28, Glassnode disclosed the latest on-chain data showing that Bitcoin spot volume difference (7-day moving average) has re-entered a sustained negative range. As Bitcoin's price falls back to around $73,000, the market is witnessing a clear acceleration in selling pressure, with sellers continuing to dominate the spot market and distribution pressure gradually accumulating. Recently, during Bitcoin's decline from the $80,000+ range to around $75,000, spot demand, ETF inflows, and volatility expectations have all continued to weaken. Although market positions have been partially reset, investor confidence remains limited, with the overall sentiment showing cautious observation. [Original Link]