Recent days have seen a significant decrease in Bitcoin selling pressure, offering hopeful signs for potential market recovery. Data from crypto analytics firm Swissblock suggests that the worst of the downturn might be behind us. Their analysis reveals a key risk-off indicator has shown a sharp decline, indicating we may have passed the extreme sell-offs investors experienced. Analysts expect this decrease in selling pressure could pave the way for a bullish market reversal in the near future. However, it’s worth noting that a further wave of selling is expected, although likely to be weaker than previous downturns. This pattern often indicates exhaustion among sellers, which historically has led to price rebounds. While technical indicators offer a glimpse of potential recovery, fundamental factors such as expected Federal Reserve interest rate cuts and increased liquidity injections are also playing a role in this positive turn for Bitcoin.