Is the Bitcoin Long-Term Holder (LTH) selling pressure finally easing? Recent on-chain data suggests that the netflow of Bitcoin LTHs has been rising, indicating a potential end to months of distribution. But here's where it gets controversial... While the resilience of this group is notable, their selling activity during certain market phases cannot be ignored. So, is the diamond hands' selling pressure moderating, or are they just biding their time? And this is the part most people miss... The Bitcoin LTH Net Position Change indicator, which tracks the monthly net amount of BTC entering or exiting the group's balance, turned negative during the last quarter of 2025. This coincided with a bearish price shift, and the selloff intensified as BTC crashed to its low around $60,000. However, since the negative peak, the indicator has been climbing back up, suggesting that the selling pressure is easing. But will this trend continue, or are the diamond hands still in the game? In other news, Bitcoin's attempts to reach the $70,000 level have been met with profit-taking, as highlighted by Glassnode. The 12-hour moving average (MA) of the Bitcoin Net Realized Profit/Loss spiked above $5 million per hour as BTC rallied on Monday, capping out previous recovery attempts. So, is the current demand structure fragile, or is there more to the story? The Bitcoin price has seen a minor retrace to $68,500 since the Monday high. Will the LTHs continue to sell, or is the market ready for a turnaround? The answers lie in the hands of the market participants, and we invite you to share your thoughts in the comments.
