Altcoin Selling Pressure Hits Five-Year Low, Market Remains Uncertain

The altcoin spot market has seen a significant drop in selling pressure, according to data from Crypto Quant. As of July 3rd, the cumulative buy/sell volume difference for altcoins, excluding Bitcoin and Ethereum, has reached nearly a five-year low.

This trend began at the start of 2025 when the altcoin spot market entered a consistent net selling state, which persists to this day after over 15 months. Despite this decline in selling pressure, there are still no signs of a significant rebound or a clear bottom forming in the market.

IT Tech, cited by BlockBeats News, emphasizes that the current situation highlights the continued intensification of selling pressure on altcoins.