Analyst: On-chain data indicates that bitcoin selling pressure is weakening, and the market is buying dips
2025-10-25 06:54:26
Axel, an analyst at Crypto Quant, said in a post on social media that the share of bitcoin in profitable supply (30-day change) has rebounded from -12% to -6%, indicating that selling pressure is weakening and the market is buying dips. Although the current share of profitable coins is still lower than the level before January, the decline has narrowed significantly - negative momentum is weakening.
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