觀點：比特幣現貨交易環境改善且拋售壓力正在緩解

Odaily reported, according to Glassnode monitoring, the bitcoin spot market environment is showing signs of improvement, with spot trading volume rebounding and selling pressure easing. Although the bitcoin price once fell below $93,000 and demand remains fragile, the net buy-sell imbalance indicator has broken through the upper bound of the statistical range, signaling a significant reduction in selling pressure.

Singapore exchange CEO Gracie Lin stated that the market has digested most of the profit-taking expected by the end of 2025, long-term holders are less willing to sell during rebounds, and institutions continue to buy through ETF during pullbacks. As trade conflicts escalate and gold prices hit record highs, bitcoin is gradually being seen as a hedging tool in investment portfolios rather than just a short-term trading asset.

Swissblock analysts pointed out that the slowdown in bitcoin network growth and recent liquidity drying up are similar to the situation in 2022. Historical experience shows that subsequent indicator rebounds once drove a major bull market. Currently, bitcoin is still in a consolidation phase, but internal conditions are improving. (Cointelegraph)