Bitcoin Enters Prolonged Distribution Phase Amid Increased Selling Pressure
Bitcoin is in a prolonged distribution phase, with capital leaving accumulation and increasing selling pressure. This shift reflects a cautious investor sentiment, prioritizing liquidation over acquisitions.
- Recent data shows Bitcoin's price structure aligns with post-all-time high scenarios.
- The distribution phase started in early 2025 following a sharp correction.
- All wallet size categories are reducing positions, contributing to selling pressure.
- Since mid-January, rising numbers of investors are selling at a loss, intensifying the downturn.
- Investor confidence has decreased due to macroeconomic instability and trade tensions.
- Lack of buying activity at lower levels indicates capital rotation, suggesting potential prolonged consolidation.
- Some analysts note a tapering off of distribution by long-term holders, hinting at possible stabilization.
- Bitcoin's price remains volatile, influenced by external economic and geopolitical factors.
Signs of reduced selling pressure may indicate a potential shift in momentum, but the market's direction remains uncertain.