Market Indicators Suggesting Easing Selling Pressure
Bitcoin’s 30-day Percent Supply in Profit has improved from –12.6% to –6.5%, according to CryptoQuant data. This shift suggests that recent selling pressure is softening while the market begins to stabilize. Although fewer coins are in profit compared to a month ago, the rate of decline has slowed significantly. This trend indicates reduced capitulation and hints at a potential recovery phase supported by gradual demand absorption.
Meanwhile, CryptoQuant shows Bitcoin’s total trading volume has rebounded by around 120,000 BTC since its September 2025 low. Monthly trading activity on centralized exchanges now averages between 350,000 and 370,000 BTC.
This rise in volume implies renewed interest and speculative accumulation. Increased participation often precedes higher volatility and stronger momentum during recovery phases.
Market Liquidity and ETF Inflows Support Bullish Sentiment
The Stablecoin Supply Ratio (SSR) RSI has now entered oversold territory, indicating an increase in sidelined stablecoin liquidity. When SSR RSI falls below the 100 mark, it typically reflects strong buying power ready to enter the market.
With Bitcoin currently trading between $90,000 and $112,000, this abundance of stablecoins supports the case for continued upside potential. It suggests that market participants are waiting for optimal conditions to re-enter positions.
Additionally, Lookonchain reports a net inflow of +144 BTC into Bitcoin ETFs, worth around $15.81 million as of October 24. BlackRock’s iShares Bitcoin Trust led the inflows with 976 BTC added, boosting its holdings to over 804,900 BTC.
In contrast, Ethereum ETFs saw significant outflows totaling –49,364 ETH, led by Fidelity’s fund losing nearly $78 million in value. This divergence underlines stronger institutional confidence in Bitcoin than Ethereum in current market conditions.