Bitcoin enters cooldown phase under $75K as ‘active distribution’ rises
60-second summary
Bitcoin is entering a cooldown phase under $75,000 as active distribution signals emerge, with the price sliding toward $73,000. This trend is accompanied by reduced realized losses and weak spot volumes, indicating easing sell pressure. The market is closely watching this development, as it may signal a potential stabilization of the cryptocurrency's price and a possible reversal of the downtrend.
Bitcoin’s slide toward $73,000 triggered active distribution signals, but lowered realized losses and weak spot volumes point to easing sell pressure.