📉 Bitcoin is still feeling the pressure from long-term holders cashing out — but there’s a light at the end of the tunnel.
According to Glassnode, if this sell pressure drops just 0.1% more, we’ll see a rare yellow bar on the chart — a historic signal that BTC has exited the "distribution zone."
Major sell-offs this cycle happened around $50K and $97K.
So while the BTC ship is still docked in Bear Harbor, it might soon set sail into open bullish waters.