# Selling Pressure Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Selling Pressure", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Lighter buybacks hit 3% of supply – But LIT holds above $1 IF…

LIT faces persistent bearish pressure, trading near $1.10 with weekly losses of 23%. Despite a buyback program that repurchased 7.48M tokens (3% of supply) using protocol revenue, market sentiment remains negative. Sell volume dominates, and declining revenue and trading activity suggest continued downside risk. Key support at $1 is at risk of breaking, with further decline possible toward $0.96 unless momentum shifts above $1.30.

ambcrypto03/08 16:02

Lighter buybacks hit 3% of supply – But LIT holds above $1 IF…

ambcrypto03/08 16:02

XRP nears $1.40 as SOPR signals capitulation: Is recovery ahead?

Ripple (XRP) is approaching $1.40 amid increasing selling pressure, as indicated by the Spent Output Profit Ratio (SOPR) falling to 0.96, signaling that investors are realizing losses. This suggests a phase of capitulation, where weaker holders are exiting at a loss. Despite the negative market conditions, the XRP Ledger (XRPL) maintains strong underlying activity, with 1.8–2.5 million daily payments and stable transaction throughput. Active addresses remain steady between 35,000–40,000, indicating consistent user engagement. The current market structure resembles the 2021–2022 cycle, where capitulation and sustained network usage eventually preceded a significant price recovery. A reclaim of SOPR above 1.0 could signal the beginning of market stabilization and a gradual rebound.

ambcrypto03/06 16:02

XRP nears $1.40 as SOPR signals capitulation: Is recovery ahead?

ambcrypto03/06 16:02

Dogecoin active addresses fall 78% – Will DOGE stay below $0.09?

Dogecoin (DOGE) has extended its bearish trend, dropping 10.48% to trade at $0.089 and breaching the key $0.09 support level. The decline is attributed to escalating geopolitical tensions and a broader crypto market sell-off. On-chain activity has plummeted, with active addresses falling 78% since February and the Price DAA Divergence hitting a two-month low of -46%, indicating reduced demand and network usage. Futures markets saw aggressive selling, with net outflows of $77.39 million and significant long liquidations. With strong bearish momentum and dominance by sellers across both futures and spot markets, DOGE risks falling further toward $0.08 unless it reclaims and holds above its short-term moving averages.

ambcrypto02/28 11:02

Dogecoin active addresses fall 78% – Will DOGE stay below $0.09?

ambcrypto02/28 11:02

Bitcoin Closer to Bottoming Phase Than Early Bear Stage, Report Says

A new Glassnode report suggests Bitcoin may be closer to a bottoming phase than the early stage of a bear market. The analysis focuses on the "Total Supply in Loss" metric, which measures the amount of Bitcoin held at an unrealized loss. This indicator has surged to 9.2 million BTC, its highest level since the last bear market, meaning nearly half of all circulating supply is in loss. This pattern aligns with historical bear markets where such high loss concentrations often signaled exhaustion of selling pressure and preceded market bottoms. While the current level hasn't surpassed previous cyclical bottoms, the market structure resembles the latter stages of past bear markets rather than their beginning. Despite ongoing volatility, this indicates a potential bottoming range. Bitcoin's price recently touched $69,000 but has since back to around $67,300.

bitcoinist02/27 14:31

Bitcoin Closer to Bottoming Phase Than Early Bear Stage, Report Says

bitcoinist02/27 14:31

Deciphering the Top Ten Bearish Factors in the Crypto Market: How Severe Is This 'Siege of Bright Summit'?

Title: Decoding the Top 10 Bearish Factors in the Crypto Market: How Severe is This "Siege of Bright Summit"? The crypto market is experiencing a severe downturn, driven by multiple simultaneous pressures: tightening global regulations, escalating geopolitical conflicts, industry leaders exiting, and collapsing retail confidence. This "siege" consists of four major forces. 1. Regulatory Crackdown: The U.S. banking lobby is pushing to ban interest payments on stablecoins, which may reduce short-term appeal but could lead to a compromised solution. The OECD’s Crypto Asset Reporting Framework (CARF) has taken effect in 48 jurisdictions, increasing compliance costs but potentially paving the way for institutional adoption. X (formerly Twitter) has tightened ad policies for crypto projects, raising user acquisition costs. 2. Geopolitical Tensions: Escalating Middle East conflicts and Trump’s tariff hikes have strengthened the U.S. dollar and traditional safe-haven assets, draining liquidity from crypto. Market uncertainty may persist until potential U.S.-China summit talks in late March. 3. Internal Selling Pressure: Bitmain’s Jihan Wu sold over 1,100 BTC to fund AI data center ventures, while Vitalik Buterin sold ETH to support ecosystem development. Key opinion leaders (KOLs) are also reducing exposure, amplifying panic selling. 4. Emotional Meltdown: Searches for "Bitcoin is dead" hit a post-FTX peak, and stablecoin FUD caused brief depegging. An upcoming expose by ZachXBT could reveal insider trading, triggering further sell-offs. Technically, several indicators show extreme oversold conditions, historically suggesting a potential rebound within months. However, if geopolitical talks fail or major scandals emerge, the downturn could worsen. In summary, while 60% of the bearish factors stem from regulations and geopolitics—and 70% may turn bullish long-term—the immediate focus should be on risk management. The market may remain volatile until late March, but surviving the downturn is crucial for participating in a potential recovery.

marsbit02/25 10:45

Deciphering the Top Ten Bearish Factors in the Crypto Market: How Severe Is This 'Siege of Bright Summit'?

marsbit02/25 10:45

ZRO slides 12% as token unlock pressure mounts: Spot buyers step in

ZRO, the native token of LayerZero, has declined 12% amid renewed selling pressure and weakening market confidence. This downturn follows a significant 114% recovery between late December and mid-February, which had fully reclaimed prior losses. The asset is facing structural headwinds from its monthly token unlock, with 32.6 million ZRO (worth ~$52.25 million) released on February 20, amplifying downside pressure in a thin demand environment. On-chain data shows a contraction in holder counts and an 8.78% drop in market capitalization, indicating capital flight. Community sentiment also fell sharply. However, spot markets have seen net inflows of $2.67 million over 48 hours, suggesting some accumulation at current levels as traders bet on a potential medium-term rebound.

ambcrypto02/24 04:01

ZRO slides 12% as token unlock pressure mounts: Spot buyers step in

ambcrypto02/24 04:01

XPL tests $0.08 demand as bears press hard: Reversal ahead?

XPL's price has dropped over 12% in 24 hours, approaching a key demand zone at $0.08. Despite a 38% surge in daily trading volume, bearish pressure remains strong, as indicated by negative Bull Bear Power and increased selling activity. The Open Interest-Weighted Funding Rate has turned sharply negative to -0.0437%, reflecting extreme pessimism among futures investors and heightened short positioning. Network activity has declined significantly over two weeks, though daily transactions saw a slight uptick. A break below $0.08 could establish a new low for XPL, with current market conditions making a bullish reversal challenging.

ambcrypto02/23 20:01

XPL tests $0.08 demand as bears press hard: Reversal ahead?

ambcrypto02/23 20:01

Bitcoin: As $65K floor faces mounting pressure, is $60K BTC’s next stop?

Bitcoin (BTC) experienced significant volatility, dropping 5.08% to $64,290 on February 22, leading to $206 million in long liquidations. Analysts highlight the critical $65,000 support level, warning that a break below could push BTC toward $60,000 in the coming weeks. Key metrics indicate sustained selling pressure: positive exchange netflows, a negative Coinbase Premium Index reflecting U.S. investor selling, and a high whale inflow ratio. While short-term traders may maintain a bearish bias, a move above $70,000 could signal exhaustion of the current downtrend.

ambcrypto02/23 13:02

Bitcoin: As $65K floor faces mounting pressure, is $60K BTC’s next stop?

ambcrypto02/23 13:02

XRP: Mapping the $45mln supply shock and its impact on ETF demand

XRP is currently trading below its Realized Price, indicating that most holders are at a loss, which reflects weak short-term sentiment and widespread caution. Recent data shows a struggle to reclaim this key psychological threshold, keeping the market in a fragile state. Additionally, external demand has provided little support, with XRP Spot ETF flows weakening and net inflows turning negative in late January, followed by only a modest recovery in February. The lack of substantial ETF inflows has failed to counter selling pressure. Further exacerbating the situation, over 31 million XRP (worth around $45 million) was recently moved to Binance, primarily by large holders, signaling potential short-term sell pressure. Concurrently, XRP recorded its largest spike in realized losses since 2022, suggesting capitulation as investors sold at a loss out of fear. Historically, such panic selling phases have occurred near market bottoms, and the last time losses were this severe, XRP experienced a strong rally in the following months. While current conditions are challenging, there is potential for a rebound if the asset can stabilize and regain investor confidence.

ambcrypto02/23 11:02

XRP: Mapping the $45mln supply shock and its impact on ETF demand

ambcrypto02/23 11:02

Can Dogecoin defend $0.10 as selling pressure builds?

Dogecoin is currently testing the critical $0.10 support level after facing rejection at $0.117 and closing at lower highs for three consecutive days. Despite a slight daily gain to $0.101, the memecoin shows signs of volatility and demand weakness, with the Demand Index remaining negative for three days, indicating selling pressure continues to outpace buying. While spot market demand is weak, futures activity has surged, with a 161% increase in netflow to $18.33 million. The long/short ratio on Binance rose to 2.90, showing a strong bullish bias among derivatives traders with 74.34% long positions. Technical indicators suggest sustained bearish pressure, with the RSI stuck below 50 and the DMI signaling strong downward momentum. If selling persists, DOGE could drop to $0.08–$0.10. However, if buyers, particularly from futures markets, intervene, a rebound to $0.12 is possible.

ambcrypto02/18 19:02

Can Dogecoin defend $0.10 as selling pressure builds?