According to analysts, the Bitcoin market is currently facing an increased risk of price correction. Rising selling pressure from miners and long-term holders outweighs the level of new demand.

“This imbalance between supply and demand is creating an unstable market environment and increasing the likelihood of short-term price drops, indicating underlying market weakness,” experts noted.

Analysts also pointed out that the growing activity of certain investors and their selling patterns may signal that Bitcoin has reached a local price peak.

At the moment, the market for the leading cryptocurrency shows signs of heightened vulnerability. Even in the case of upward price movements, they are likely to be suppressed by excess supply. CryptoQuant believes Bitcoin’s support level might be weaker than previously assumed.

Meanwhile, analysts at Glassnode earlier reported that since May, Bitcoin has remained in a consolidation zone. However, without a notable increase in investor demand, a breakout to new highs is considered unlikely.

Thus, the current state of the Bitcoin market suggests increasing instability. A lack of substantial demand, combined with selling pressure, leaves the market susceptible to sharp fluctuations. In the near future, investors should remain cautious: any upward movement may quickly reverse if the supply-demand imbalance continues to grow. For the market to resume sustainable growth, there must be either a decrease in miner and large holder selling pressure or an inflow of new capital to restore balance.