📊 #BTC C.Q.: Since July 2025, the market has been predominantly driven by selling, with buy limit orders mainly serving to absorb surplus supply. Currently, selling pressure is at its highest level in three months. The futures market has remained in a highly leveraged state for the past 16 months; however, there has been a decrease in excessive leverage since Bitcoin's last all-time high. This trend is encouraging for the long-term outlook.

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