BTC Seller Exhaustion Index Enters Extreme Zone for the First Time

On August 11, Glassnode indicators showed that the BTC Seller Exhaustion Index has entered the extreme exhaustion zone for the first time during this bear market. This index comprehensively measures low volatility and high loss conditions. Historically, similar signals typically appear at the bottom of bear markets, but the first trigger does not necessarily correspond to an absolute low. If subsequent prices maintain fluctuations or continue to decline, while the index does not set new lows, the historical certainty of a second signal is usually higher.

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