Analysts cited in the July 14 Golden Finance report argue that Bitcoin panic selling may be nearing its end because marginal sell pressure appears to be drying up. Their evidence includes Bitcoin staying above $62,000 during recent geopolitical stress, U.S. spot Bitcoin ETFs recording $197.4 million of net inflows last week after eight straight weeks of outflows, and Glassnode-referenced spot market net selling falling from about 2,000 BTC per day in June to about 53 BTC per day in July. This is a supportive signal for BTC, but it is not a guarantee of a sustained rally because the brief also says the rebound is mainly driven by derivatives while spot demand remains relatively weak.
| Primary source | Jinse Finance |
|---|---|
| Reported at | 2026-07-13T16:22:36.000Z |
| Topic | BTC |
| Evidence limit | Reported facts are separated from interpretation; current prices and platform terms require independent verification. |
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Review BINANCEWhat Changed in the Bitcoin Sell Pressure Picture
The supplied report says several analysts now believe Bitcoin's months-long panic-selling pressure may be close to ending. The core argument is not that every seller has disappeared, but that marginal selling pressure is gradually being exhausted.
Wintermute OTC trader Jasper De Maere is cited as saying Bitcoin held above $62,000 despite the recent escalation in U.S.-Iran tensions and stress around the Strait of Hormuz. In the brief's framing, that resilience suggests much of the earlier weak-hand selling has already been cleared from the market.
Why ETF Flows Matter in This Reading
The brief highlights that U.S. spot Bitcoin ETFs recorded $197.4 million in net inflows last week. That ended eight consecutive weeks of net outflows, which the report treats as another sign that selling pressure is easing.
ETF flows do not prove that a new uptrend is underway. They do, however, offer a practical check on whether institutional-facing demand is stabilizing after a sustained period of redemptions. For traders watching BTC through a Binance analysis lens, the point is to separate a flow improvement from a confirmed trend change.
What the Glassnode Data Suggests
Nexo analyst Dessislava Ianeva is cited as referencing Glassnode data showing that Bitcoin spot-market net selling averaged about 2,000 BTC per day in June. In July, the same measure reportedly fell to about 53 BTC per day, making it one of the calmest months of 2026 so far according to the brief.
That change is the most concrete evidence in the supplied material for the idea that marginal sellers are losing force. A lower rate of net selling can reduce pressure on price, but it does not automatically create strong upside unless fresh spot demand appears.
The Main Caveat: Derivatives Are Leading
The brief explicitly warns that the current Bitcoin rebound is mainly being driven by the derivatives market. That matters because derivatives-led moves can reverse quickly if positioning becomes crowded or if macro catalysts surprise traders.
Spot buying is still described as relatively weak. That creates a practical distinction: fading sell pressure may help stabilize BTC, but durable continuation would likely require stronger spot participation than the brief currently confirms.
Catalysts to Watch Next
The supplied report identifies two near-term catalysts: U.S. June CPI data and congressional testimony from Federal Reserve Chair Kevin Warsh. These events could affect rate expectations, risk appetite, and the way traders price Bitcoin exposure.
A useful check is whether BTC holds key levels during those events while ETF flows and spot net-selling data continue improving. If price resilience appears without stronger spot demand, the signal remains constructive but incomplete.
Practical Binance Context
For readers evaluating BTC on Binance, the practical takeaway is to treat this as a risk-assessment moment, not a certainty. The brief supports the view that forced or panic selling may be fading, but it also says the spot bid is still not especially strong.
If you choose to trade or monitor BTC on Binance, confirm market data, fees, availability, and account terms directly on Binance before acting. The supplied referral context is Binance code 7nfg8123 at BINANCE official destination, but no reward, ranking, or outcome is claimed here. This article is informational and is not financial advice.
Evidence Limits
This article relies only on the supplied Golden Finance brief and its included references. It does not independently verify the ETF flow figure, Glassnode-referenced spot-selling data, or the analyst comments beyond the provided event material.
The evidence supports a cautious interpretation: sell pressure may be weakening. It does not establish that Bitcoin has bottomed, that a rally will continue, or that any exchange, asset, or strategy will produce a particular result.
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Review BINANCEAffiliate link · Availability varies by region · No guaranteed outcomeQuestions readers ask
Is Bitcoin panic selling over?
The supplied brief says analysts believe Bitcoin panic selling may be nearing its end, but it does not prove that it is fully over. The evidence points to weakening marginal sell pressure, not a guaranteed market reversal.
What evidence suggests Bitcoin sell pressure is easing?
The brief cites Bitcoin holding above $62,000 during geopolitical stress, $197.4 million of net inflows into U.S. spot Bitcoin ETFs last week, and a drop in spot-market net selling from about 2,000 BTC per day in June to about 53 BTC per day in July.
Why is weak spot demand still a concern?
Weak spot demand matters because the brief says the rebound is mainly driven by derivatives. A derivatives-led move can be less durable if spot buyers do not confirm the recovery.
What should BTC traders watch next?
The supplied report points to U.S. June CPI data and Kevin Warsh's congressional testimony as possible catalysts. Traders can also watch whether ETF inflows continue and whether spot net selling remains low.
Is this a Binance trading recommendation?
No. This is an informational Binance analysis context based only on the supplied brief. It does not provide financial advice, guarantee outcomes, or claim that any trade or platform action will produce a specific result.