PANews
PANews|10月 11, 2026 06:38
[Analyst: Bitcoin Selling Pressure Intensifies, Reaching Local Top Levels in This Cycle] Crypto analyst Darkfost noted in a post that Bitcoin has entered a phase where selling pressure is significantly increasing. After the recent rebound pushed Bitcoin's price above $85,000, the Seller Exhaustion indicator signaled that potential selling pressure is rising. This indicator, which combines profit supply and volatility, is used to identify phases of risk and calm, offering high short-term reference value. The recent surge has been rather abrupt, particularly evident among short-term holders. The current indicator level is approaching the threshold seen at multiple local tops in this cycle. The analyst stated that it is necessary to observe whether demand can improve and whether volatility can converge in the future to suppress potential pullbacks and bring the indicator back to normal levels.
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