Bitcoin Market Sees Surge in Seller Activity This April

AI Summary

According to Glassnode (via PANews), Bitcoin’s supply chart reveals strong selling pressure from buyers who entered the market in April. Despite this, the RSI stayed above 50 all month — peaking at 100 last week and still holding at 80 today.

This signals rising FOMO and new capital flowing in, even as prices climb. The market remains heated and emotionally charged.

Stay alert. Big moves often follow high RSI and FOMO energy.

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