- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Analyst: The current market is seeing a resurgence of sellers in the futures market, with insufficient buying pressure in spot markets to effectively support the price
BlockBeats News, January 20th, CryptoQuant analyst Axel posted that after weeks of buyer dominance, sellers have regained control of the derivatives market, with the U.S. spot market failing to provide hedging demand — both signals point to the market entering a risk-off mode.
The Exchange Whale Ratio indicator shows a sharp shift in trading activity from buyers to sellers, with an Exchange Whale Ratio of -0.0917 and an Exchange Whale Index (90-day) of -1.81, indicating a market structure dominated by persistent selling pressure. This is a significant deterioration from the nearly neutral signals seen in the past few days and is accompanied by an expansion of the short position skew: the short ratio is 0.546, and the long ratio is 0.454.
This structure typically implies that sellers are not only “holding positions” but are also actively market selling, amplifying the downward pressure. As long as the Z-score remains in the negative territory, any rebound will be fragile, more likely to be a brief relief rather than a trend reversal. The first sign of market improvement will be a return to the neutral range accompanied by a continuous narrowing of the negative imbalance.
Additionally, the Bitcoin Coinbase Premium Index remains negative (around -0.077), indicating a lack of willingness in the U.S. market to buy this asset above the global market price. In this scenario, the derivative market's volatile spikes may trigger sharp price fluctuations and short-term rebounds, but without spot support, these fluctuations are unlikely to translate into sustained recovery. This is not a “panic sell-off” but a lack of buyer pressure — the very demand that is typically used to confirm market quality. Improvement signals will only appear when the premium exits the negative territory and begins to consistently reflect the return of U.S. spot demand.
You may also like
What the Tightest Part of the LALIGA Season Teaches About Crypto Trading Under Pressure
As pressure builds late in the LALIGA season, decision quality becomes the real differentiator. The same logic applies to disciplined crypto trading under volatility.
Bitcoin 30-Day Realized Losses and Gold Reaching Record Highs
Key Takeaways Bitcoin holders have experienced a rare stretch of 30-day realized losses for the first time since…
Central banks vs Bitcoin: Who truly earns the public’s trust?
Key Takeaways The debate over trust between central banks and Bitcoin continues, receiving global attention at the World…
Kaspa is Expected to Decline to $0.032939 by January 26, 2026
Key Takeaways Kaspa’s price is projected to drop 23.07% within the next five days. Current market sentiment for…
Bitcoin Fills New Year CME Gap with Sub-$88K BTC Price Drop
Key Takeaways Bitcoin’s price has closed a significant CME gap that appeared at the beginning of the year,…
Massachusetts Judge Prohibits Kalshi from Offering Sports Bets
Key Takeaways A judge in Massachusetts has prohibited the prediction markets platform, Kalshi, from facilitating sports betting within…
Bitcoin Exhibits Resilience at $92K Amidst Economic Fluctuations: Is the Downturn Over?
Key Takeaways: Bitcoin remains robust at $92,000, though ETF outflows and geopolitical concerns loom. BTC futures premium close…
Crypto Mortgages in the US Tackle Valuation Risks and Regulatory Challenges
Key Takeaways The adoption of crypto mortgages is facing challenges around valuation risks and regulatory uncertainties in the…
Can Bitcoin Regain $90K? Bulls at Risk as Long-Term Holders Increase Selling
Key Takeaways: Bitcoin has declined below the $90,000 mark amid increased selling pressure from whales and long-term holders.…
Michael Saylor’s Strategy Surpasses 700,000 Bitcoin with a New $2.1B Acquisition
Key Takeaways: Michael Saylor’s Strategy has significantly increased its Bitcoin holdings to an impressive 709,715 BTC after purchasing…
Bitcoin Pursues $90K: Trump to Fast-Track Crypto Legislation
Key Takeaways Bitcoin is gaining momentum as President Trump indicates imminent crypto-friendly legislation. Trump’s World Economic Forum speech…
Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…
What Happened in Crypto Today: Key Updates and Insights
Key Takeaways A crucial crypto bill’s progress is delayed as the Senate pivots its focus to broader affordability…
Crypto’s Decentralization Dream Falters at Interoperability
Key Takeaways The promise of decentralization in the crypto industry is hindered by centralized intermediaries managing interoperability between…
Original Content Blocked: Importance of API Management
Key Takeaways: API management is crucial in preventing disruptions due to excessive requests. Implementing effective controls and monitoring…
VF-26 Unveiled: Zoomex and TGR Haas F1 Team Enter New Phase of Collaboration in 2026
Key Takeaways The unveiling of the VF-26 race car marks a new phase in the TGR Haas F1…
Midnight Price Prediction – NIGHT Price Anticipated to Decline to $ 0.047821 By January 25, 2026
Key Takeaways Midnight’s price is anticipated to decrease by 23.24% in the following five days, with a prediction…
AI News Today: Can AI Make Blockchain Systems More Reliable in Live Crypto Markets?
Learn how AI is used in blockchain systems to detect risks, improve reliability, and support secure crypto trading in live crypto market environments.
What the Tightest Part of the LALIGA Season Teaches About Crypto Trading Under Pressure
As pressure builds late in the LALIGA season, decision quality becomes the real differentiator. The same logic applies to disciplined crypto trading under volatility.
Bitcoin 30-Day Realized Losses and Gold Reaching Record Highs
Key Takeaways Bitcoin holders have experienced a rare stretch of 30-day realized losses for the first time since…
Central banks vs Bitcoin: Who truly earns the public’s trust?
Key Takeaways The debate over trust between central banks and Bitcoin continues, receiving global attention at the World…
Kaspa is Expected to Decline to $0.032939 by January 26, 2026
Key Takeaways Kaspa’s price is projected to drop 23.07% within the next five days. Current market sentiment for…
Bitcoin Fills New Year CME Gap with Sub-$88K BTC Price Drop
Key Takeaways Bitcoin’s price has closed a significant CME gap that appeared at the beginning of the year,…
Massachusetts Judge Prohibits Kalshi from Offering Sports Bets
Key Takeaways A judge in Massachusetts has prohibited the prediction markets platform, Kalshi, from facilitating sports betting within…
App