Bitcoin’s market behavior over the past month has shown a shift in trading activity, with selling pressure decreasing.
Lower Selling Volume Observed Across Exchanges
CryptoQuant report shows a series of BTC price recoveries despite persistent negative net taker volume from late February to March 24. Each large negative volume spike aligns with local price bottoms, followed by gradual upward movements.
Market Conditions Point to Stability
The current trading week has opened without significant downside catalysts. The absence of negative catalysts has coincided with lower selling momentum, reducing downward risk.
Current Situation and Outlook
Activity from both retail and institutional wallets indicates a shift toward reduced selling engagements. Current conditions show potential for further stabilization and modest upward activity without external shocks.
Reduced aggressive selling and stable market conditions may provide opportunities for further Bitcoin price strengthening and growth without external impacts.
