Selling pressure on Bitcoin has dropped to just one-sixth of its average for this cycle. The market

CryptoQuant: Bitcoin Selling Pressure Crashes to One-Sixth of Cycle Average—Accumulation Mode On

The sellers are stepping back. CryptoQuant analyst Axel Adler Jr. says Bitcoin's selling pressure has plunged to just one-sixth of its cycle average—pointing to active accumulation. The Sell-side Risk Ratio model last flashed a selling signal in December 2024 (price: $107K). Now it's showing accumulation, with on-chain pressure fading, echoing the 2022–2023 bear market when BTC traded between $16K and $20K.

The model splits the current cycle in two: heavy distribution from Nov–Dec 2024 ($64K–$107K), and now a return to accumulation. The 180-day average Sell-side Risk Ratio has dropped from 3,210 to 1,913 in 60 days—falling ~20 points daily. Seller behavior now matches bear market patterns, but price is sitting at $67K–$72K. That's a structural divergence worth watching.