Glassnode: BTC Seller Exhaustion Misses Historical Bottoms

Glassnode states sellers are getting exhausted yet the Seller Exhaustion Constant (30d) remains above levels seen in prior Bitcoin bear markets, so the historical bottoming signature stays unconfirmed as of August 11 2026.

With BTC trading at $63566.95 inside the Bollinger band near lower support at $63507.64, the 4h chart shows price testing EMA200 resistance at $63756.1 while EMA50 at $64410.04 caps upside and MACD death cross at -213.94 keeps momentum bearish; RSI at 34.76 offers neutral room before any relief rally, suggesting a stall in selling pressure could align with BTC price prediction models and Bitcoin on-chain analysis for crypto market bottoming signals.