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#analysisreport #binanacesquarenews
In the ever-evolving cryptocurrency market, recent on-chain analytics from Glassnode indicate a significant bullish development: selling pressure has notably subsided as of October 26, 2025. This shift suggests that #bitcoin (BTC) and other major cryptocurrencies could be #poised for upward momentum, providing traders with potential entry points amid stabilizing market conditions.
According to Glassnode's data, metrics such as the Spent Output Profit Ratio (#SOPR ) and exchange inflows have shown a marked decrease in seller activity, which historically correlates with price recoveries. For #BTC traders, this could mean watching key support levels around $60,000, with resistance at $70,000, as the market digests this reduced pressure.$BTC
In the ever-evolving cryptocurrency market, recent on-chain analytics from Glassnode indicate a significant bullish development: selling pressure has notably subsided as of October 26, 2025. This shift suggests that #bitcoin (BTC) and other major cryptocurrencies could be #poised for upward momentum, providing traders with potential entry points amid stabilizing market conditions.
According to Glassnode's data, metrics such as the Spent Output Profit Ratio (#SOPR ) and exchange inflows have shown a marked decrease in seller activity, which historically correlates with price recoveries. For #BTC traders, this could mean watching key support levels around $60,000, with resistance at $70,000, as the market digests this reduced pressure.$BTC
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