Panic selling in the crypto market shows a decline, even though Bitcoin prices continue to drop. Recent data indicates that the inverted premium on Coinbase has decreased. This suggests that the panic selling of Bitcoin on the Coinbase exchange is starting to diminish, opening up the possibility of a trend reversal. Although the crypto market is currently in a negative state, there is hope that Bitcoin may strengthen again. On-chain analysts are observing this potential recovery as a positive signal for investors who remain optimistic about Bitcoin's future.