Crypto: Bitcoin’s ‘internal Conditions’ Are Improving: Glassnode 2026
Glassnode data shows Bitcoin spot volumes are rising while sell pressure is easing, though demand remains fragile as Bitcoin fell under $93,000.
Spot market conditions for Bitcoin are showing early signs of improvement with increased trading volume and decreasing sell-side pressure, according to analysts from Glassnode.
There has been a “modest” lift in spot Bitcoin (BTC) trading volume, “while the net buy–sell imbalance has broken above its upper statistical band,” reported Glassnode on Monday.
This is signaling a “clear reduction in sell-side pressure,” but despite this, spot demand “remains fragile and uneven,” it added.
Bitcoin declined almost 3% from its weekend high of $95,450 to trade at around $92,550 at the time of writing as markets continue to digest the fallout from the latest escalation in the US/EU trade war.
The asset remains up 6% since the beginning of the year.
“Overall, Bitcoin remains in consolidation, but internal conditions are improving,” said Glassnode, adding that markets are gradually rebuilding.
Gracie Lin, CEO at OKX Singapore, told Cointelegraph on Tuesday that the report suggests the market has absorbed much of the late-2025 profit-taking and that sell-side pressure is easing.
“Long-term holders appear less inclined to sell into every rally, while ETF flows continue to show institutions buying pullbacks,” she said.
Related: Bitcoin futures OI rebounds 13% as analysts see cautious return of risk appetite
Source: CoinTelegraph