Analyst: BTC selling pressure has dried up and will form a consolidation range in April and May

2025-04-01 06:17

According to BlockBeats news, on April 1st, CryptoQuant researcher Alex posted data on social media stating that the daily selling pressure of mainstream trading platforms has plummeted from 81000 BTC to 29000 BTC, and the market has entered a stage of asymmetric demand. After breaking through the $100000 mark, multiple rounds of profit taking have been successfully digested. At present, the seller's power tends to dry up, and the buyer's performance at the current price is calm, which lays the foundation for structural supply shortages. April and May may form a consolidation period, becoming the 'calm before the storm' before the next outbreak.

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