BTC Seller Exhaustion Index Hits Extreme Bear Market Low

Glassnode’s BTC Seller Exhaustion Index signals extreme selling pressure depletion, marking a rare historical bottom-zone occurrence in the current bear cycle.

Woofun AI data shows that Glassnode's 'BTC Seller Exhaustion Index' has entered an extreme range, indicating Bitcoin selling pressure is at an exhausted level. This signal requires simultaneous low volatility and high losses, a condition met for the first time in this bear market. Historical precedents show similar signals appearing in every past bear cycle, often within the bottom range. While the initial signal may not mark the absolute low, a second signal could emerge if prices fluctuate or hit new lows without further index drops, carrying higher historical accuracy. Trader Murphy (@Murphychen888) notes that existing positions are justified, though waiting for clearer signals remains an option, albeit with the risk of missing subsequent gains.