The direct read is that analysts see Bitcoin’s marginal sell pressure weakening, but not a confirmed broad spot-led recovery. The brief points to BTC staying above $62,000, $197.4 million of U.S. spot Bitcoin ETF net inflows last week, and Glassnode data cited by Nexo showing average daily spot net selling falling from about 2,000 BTC in June to about 53 BTC in July. The main caution is that the rebound is described as derivative-led while spot buying remains relatively weak.
| Primary source | BlockBeats |
|---|---|
| Reported at | 2026-07-13T16:07:05.000Z |
| Topic | BTC |
| Evidence limit | Reported facts are separated from interpretation; current prices and platform terms require independent verification. |
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Review OKXWhat Changed
The BlockBeats brief says several market analysts believe Bitcoin’s months-long panic selling may be close to ending. Their argument is not that buyers have fully regained control, but that the marginal seller may be running out of inventory or urgency.
Wintermute OTC trader Jasper De Maere is cited as saying that BTC remained above $62,000 even as U.S.-Iran conflict risks and Strait of Hormuz tensions escalated. In the brief, that resilience is used as evidence that earlier weak-hand selling may have largely cleared.
Evidence Cited
The event brief highlights U.S. spot Bitcoin ETF flows as one important signal. It says U.S. spot Bitcoin ETFs recorded $197.4 million in net inflows last week, ending eight consecutive weeks of net outflows.
The brief also cites Nexo analyst Dessislava Ianeva, who referenced Glassnode data showing Bitcoin spot-market average daily net selling at about 2,000 BTC in June and about 53 BTC in July. That drop is described as making July one of the calmest months of 2026 so far.
Why It Matters
For BTC watchers, the useful distinction is between less selling and stronger buying. The brief supports the first idea more clearly than the second. Falling net selling can reduce downward pressure, but it does not automatically prove that sustained spot demand has returned.
That makes this a market-structure story rather than a simple bullish signal. If forced selling is fading, Bitcoin may be less vulnerable to the same kind of panic-driven pressure. But if the rebound depends mostly on derivatives, price action can still change quickly around macro data or positioning shifts.
Evidence Limits
The source material does not provide full ETF issuer-level flow detail, exchange-by-exchange spot volume, derivatives positioning data, or order-book depth. It also does not prove that all weak sellers have exited. It only reports analyst interpretations and selected market indicators.
Because the brief describes the rebound as mainly derivative-driven and spot buying as still relatively weak, the evidence should be read as a cooling of sell pressure rather than confirmation of a durable BTC trend reversal.
Practical Checks
Readers following BTC can watch whether spot-market buying improves alongside lower net selling. A healthier setup would usually need more than exhausted sellers; it would need visible demand that is not only coming from leveraged or derivatives-led activity.
The brief also points to two near-term catalysts: U.S. June CPI data and congressional testimony from Federal Reserve Chair Kevin Warsh. Those events could affect risk appetite, rate expectations, and short-term Bitcoin volatility.
Risk Disclosure
This article is market commentary based only on the supplied BlockBeats event brief. It is not financial advice, does not recommend buying or selling BTC, and does not claim any future price, return, ranking, traffic, registration, or trading outcome.
Crypto markets can move sharply around macro data, geopolitical headlines, ETF flows, liquidity changes, and derivatives positioning. Any decision involving BTC should be checked against current data, personal risk limits, and independent research.
OKX Context
For readers comparing BTC market access points, OKX is relevant because the brief concerns BTC market conditions and the project context is OKX. The supplied campaign link is OKX official destination with code 7nfg8123.
That link and code are provided as natural conversion context only. The brief does not state any reward, fee discount, ranking benefit, registration result, or trading outcome, so none is claimed here.
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Review OKXAffiliate link · Availability varies by region · No guaranteed outcomeQuestions readers ask
Are analysts saying Bitcoin panic selling is over?
They are saying it may be nearing an end. The supplied brief frames the view as a possible exhaustion of marginal selling pressure, not a confirmed end to all BTC downside risk.
What evidence supports the idea that BTC selling pressure is weakening?
The brief cites BTC holding above $62,000, $197.4 million in U.S. spot Bitcoin ETF net inflows last week, and Glassnode data showing average daily spot net selling falling from about 2,000 BTC in June to about 53 BTC in July.
Does this mean Bitcoin spot demand is strong?
Not according to the brief. Analysts also warn that the rebound is mainly driven by derivatives, while spot buying remains relatively weak.
Why are ETF flows important in this report?
ETF flows are used as one signal that selling pressure may be easing. The brief says U.S. spot Bitcoin ETFs returned to net inflows after eight straight weeks of net outflows.
What near-term risks should BTC readers watch?
The supplied brief identifies U.S. June CPI data and congressional testimony from Federal Reserve Chair Kevin Warsh as possible catalysts that could affect market direction.