Analyst: Short-term selling pressure in Bitcoin continues to dominate, potentially leading to further downward pressure in the market ahead

TechFlow news, January 14 — CryptoQuant analyst Gaah posted an analysis indicating that the Take Buy Sell Ratio shows selling pressure dominating the market, with short-term supply exceeding demand. Data reveals that short-term holders are liquidating positions amid recent price corrections, and most transactions are nearly unprofitable, reflecting the current market stress.

The analysis notes this behavior typically occurs during broad profit-taking phases when prices hit resistance zones, suggesting a period of consolidation may follow the price adjustment. Technically, a bearish structure is currently forming, and given the data performance, the market may continue to face downward pressure.