Analysis: Altcoin spot selling pressure has fallen to a near five-year low, but the market still shows no signs of bottoming out.

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ME News report, July 3 (UTC+8), market analyst IT Tech cited Crypto Quant data indicating that the cumulative buy-sell volume difference in the altcoin spot market (excluding Bitcoin and Ethereum) has further dropped to a nearly five-year low, showing sustained intensification of selling pressure. Since reaching a cyclical high in early 2025, the altcoin spot market has remained in a net selling state for over 15 months, with almost no significant rebound or signs of easing selling pressure during this period, and the market has yet to form a clear bottom. (Source: BlockBeats)
BTC1.29%
ETH1.81%
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