Analysis: Bitcoin Sell-Off Returns, Short-Term Selling Pressure at Its Strongest Since December 23
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BlockBeats News, January 8th, according to analyst Maartunn, Bitcoin's Net Taker volume (25-hour moving average) hit -19 million USD, marking the strongest selling pressure since December 23rd, indicating a short-term market dominated by sellers.
Note: "Net Taker Volume" measures the difference between market order buy and sell orders, with a negative value reflecting aggressive selling pressure, commonly used to assess short-term market sentiment.
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