Recent data reveals that Bitcoin’s sell pressure has significantly decreased, indicating we might be approaching a crucial turning point in the market. The easing selling pressure, as indicated by the Bitcoin Net Unrealized Profit (NUP) indicator at 0.476, suggests most weak hands have already sold their positions, potentially paving the way for a market recovery. This reduction in sell pressure has several important implications: fewer sellers mean less downward pressure on prices, long-term holders are holding steady, and the market might be forming a solid foundation for the next upward move. Analysts believe that these positive developments could signal the beginning of new accumulation phases. However, it’s crucial to remember that markets can remain volatile even during bottom formation periods. This article explores key indicators suggesting we may be near a short-term bottom, including decreasing exchange inflows from long-term holders, stabilization in mining activity and hash rate, reduced leverage across derivatives markets, and growing accumulation from institutional investors. The current environment creates potential entry points for investors looking to take advantage of this reduction in selling pressure. However, it’s important to stay disciplined with risk management strategies like dollar-cost averaging and setting clear stop-loss levels. While Bitcoin sell pressure easing may represent a promising signal, sustained price action remains essential to confirm the market’s resilience. Long-term investors can benefit from the current setup as periods of reduced selling pressure often precede significant market movements. Historical data shows that when NUP indicators reach these levels and stabilize, they frequently mark the beginning of new accumulation phases. This current phase could be an important inflection point for patient investors looking to capitalize on Bitcoin’s long-term potential.