Analysis: Altcoin Spot Market Selling Pressure Intensifies, Buy-Sell Volume Difference Hits Nearly Five-Year Low
CryptoQuant analyst IT Tech stated that data shows the altcoin market, excluding Bitcoin and Ethereum, continues to be under pressure. The cumulative buy-sell volume difference for altcoins in June has touched an extreme low not seen in nearly five years and is currently probing further lower, reflecting that the spot market remains dominated by continuous net selling. Since retreating from the highs in early 2025, selling pressure has not eased significantly, and the market has not yet shown clear signs of stabilization.
