According to Crypto Rover, Bitcoin demand is currently soaring to its highest levels since the FTX crash, indicating a potential bottoming in the market. This surge in demand is crucial for traders as it may signal increased investor confidence and potential upward price movements. [Source: Crypto Rover on Twitter]

According to Cas Abbé, Bitcoin's spot selling pressure has now surpassed levels seen during the FTX crash. Despite this increase in selling pressure, BTC's price remains resilient above $95K, indicating potential seller exhaustion. This resilience amidst high liquidation events suggests a possible stabilization or reversal in the market. Cas Abbé's analysis highlights the critical nature of these developments for traders.