Analyst: BTC selling pressure has been exhausted, and a consolidation range will be formed in April and May

Odaily News Alex, a researcher at CryptoQuant, published data on X, saying that the average daily selling pressure on mainstream trading platforms has dropped sharply from 81,000 BTC to 29,000 BTC. The market has entered a stage of asymmetric demand. After breaking through the $100,000 mark, it has successfully digested multiple rounds of profit-taking. At present, the selling power is tending to be exhausted, and buyers are calm about the current price, which lays the groundwork for a structural supply shortage. A consolidation range may be formed in April and May to prepare for the next round of outbreak.