| Time | Details |
|---|---|
| 2024-09-06 11:19 |
Potential Selling Pressure from Bitcoin Holders
According to @intotheblock, Bitcoin holders who purchased between $47k and $64k are under pressure, with only 27.6% currently in profit. Many of these investors are short-term holders, which could lead to increased selling pressure if the market experiences further declines. (Source) |
| 01:12 |
Market Observations on Persistent Selling Pressure
According to GreeksLive, the cryptocurrency market has been experiencing continuous selling pressure, suggesting that sellers might be exhausting their supply of coins. This ongoing trend could indicate a potential shift in market dynamics, as the relentless selling might soon diminish, possibly leading to a stabilization or reversal in market prices. (Source) |