Glassnode: BTC Spot Volume Delta Turns Negative

Glassnode data shows Spot Volume Delta (7D) rolling back into negative territory, with aggressive sell pressure accelerating as BTC fell toward $73K amid persistent sell-side dominance.

Bitcoin spot volume delta historical patterns confirm distribution pressure building after the pullback from the low-$80K region, aligning with fading spot demand and ETF inflows over the past six months. On the 4h chart, price at $72952.52 sits inside the Bollinger Bands with lower support at $72707.89 while EMA50 at $76222.59 and EMA200 at $77078.15 act as concrete resistance; RSI at 24.57 signals oversold conditions yet MACD at -908.69 maintains the bearish death cross, suggesting any bounce may stall before testing upper resistance at $78728.73.