Analysts: Selling pressure levels reached extreme levels in the cycle this week, but stable BTC prices can be seen as a positive signal
Crypto 7x24
2025-07-26 16:21:39
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According to online reports, CryptoQuant analyst Axel posted on social media that in this bull market cycle, only 12 weeks have seen short selling pressure equal to this week or stronger, accounting for about 7.3% of the entire cycle. This means that this week's sell-off is among the top 7% extreme levels in history, but the price has rebounded to $117,000-a fact in itself that can be seen as a positive signal.
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