Analyst: Bitcoin seller exhaustion metric falls back to bear market lows, selling pr
Original headline分析师：比特币卖方耗竭指标回落至熊市低位，卖压或趋于减弱
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Bitcoin’s seller exhaustion gauge has fallen back to bear-market lows after BTC’s more than 10% drawdown from its prior high, according to CryptoQuant contributor Darkfost. The model compares the share of supply in profit with monthly average volatility to assess whether sellers still have enough momentum to push prices lower. Short-term profit-taking appears largely exhausted, and similar historical declines in selling pressure have often helped form bottoms. However, Darkfost cautioned that weaker selling does not guarantee a rebound, as a sustained recovery still requires demand, which Bitcoin currently lacks. Traders will watch whether spot demand and profitability metrics improve enough to confirm a durable bottom.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
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Bitcoin (BTC), CryptoQuant, Darkfost
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