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ETHBTC Selling Pressure: Significant BTC Volume Triggers Caution

I’m observing heavy selling pressure on ETHBTC: 16.2565 Ƀ sold in 36s with no recorded buys in that snapshot. Overall, 24h volume sits at 1499.9731 Ƀ with buys at 31% (470.7698 Ƀ) and sells at -69% (-1029.2033 Ƀ), showing a clear sell-side dominance.

Price moved from 0.03521 to 0.035194 (-0.0%) during the snapshot, with broader changes of 24h[-1.89%], 4h[-0.81%], 1h[-0.46%], and 15m[-0.24%]. Net volume contraction is visible across timeframes: 15m[-77%], 1h[-80%], 4h[-56%].

I’m also noting alert activity: 24h[15] and 4h[2], which underscores elevated market attention on this ETHBTC selling imbalance.

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Analysis

The raw volume snapshot reveals concentrated sell activity: 16.2565 BTC executed within 36 seconds with zero buys in that specific interval. That micro-level selling spike contributes to the broader 2...

Recommendation

Given the pronounced sell-side volume and declining net activity, I recommend exercising caution. Avoid initiating new long positions until selling pressure eases or a clear volume-balanced uptick app...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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