Bitcoin is facing new selling pressure as uncertainty continues to grip financial markets around the world, but bulls have managed to defend the critical $75,000 area. The stock remains below major resistance levels after failing to regain strength above $80,000 earlier this month, leaving traders looking for signs that the current trend is stabilizing or preparing for another leg of decline.
Collaborative Reading
Although the recent weakness has caused concern in the market, analyst Darkfost believes that one of the most important factors is not the price itself – but the sharp drop in sales that is happening on the ground.
According to data from Darkfost, the volume of Bitcoin trading is now at the lowest level associated with bear markets. The expert says that investors should go back to July 2023 to find the time when BTC the volumes were so low on a large exchange. Binance, which remains the largest place in the crypto market, currently generates 36.4 billion dollars in trading volume. In October 2025, this figure stood at about $198.6 billion.
Bitcoin Spot Trading Volume | Source: CryptoQuant
Falling is hard. Binance volumes are now down almost five times from their peak, which represents an 81% decline. Other exchanges are showing similar weakness, with Gateio’s ratings falling nearly 80% and Bybit recording a 66% decline in performance.
Bitcoin Volume Collapse May Signal Seller Fatigue
Darkfost images he explains that the fall of the Bitcoin market activity indicates a broader economic environment that has become more hostile to economic risks such as cryptocurrencies. Rising inflation, continued uncertainty about global monetary policy, and the US/Iran conflict lasting longer than markets initially expected, have led investors to seek safe haven or traditional assets. Stocks, energy markets, and major indices have taken the lion’s share of money flowing into crypto in times of high volatility.
The result has been a significant drop in participation in recent crypto markets. Low trading activity often indicates a decrease in interest, weak demand for speculative products, and a decrease in institutional capacity. However, Darkfost argues that the current implementation may not be unlimited from its perspective.
Collaborative Reading
In the past, long-term declines in spot rates have often coincided with later periods of corrections rather than the onset of major falls. As participation declines, the pressure to sell aggressively also diminishes because fewer market participants still dominate the market.
This analysis focuses specifically on the 2023 bear market, where the volume of the space fell to the same depression shortly before Bitcoin became stable and unstable. That very inactive period became the basis for the recovery phase that followed, when tired sellers gradually lost control of the market.
Bitcoin Holds Above Key Support As Bulls Defend $75K Area
Bitcoin continues to trade above the $75,000 support zone despite persistent selling and reduced market participation. The daily chart shows BTC consolidating near $76,800 after refusing to break away from the $82,000 resistance zone at the beginning of this month, with the price now trapped between major moving groups as traders wait for a breakout or breakdown.
Bitcoin consolidates above key price level | Source: BTCUSDT chart on TradingView
Technically, Bitcoin remains above the 50-day moving average, which is currently serving as long-term support near the mid-$75,000 area. That level has become very important because it is closely related to the areas of high demand between $73,000 and $75,000 shown on the chart. The bulls have repeatedly defended the region in May, preventing the traders from regaining control.
Collaborative Reading
However, the broader picture still shows caution. The 100-day and 200-day moving averages continue to move lower, reinforcing the idea that Bitcoin remains in major correction areas despite the February recovery down around $63,000.
Currently, Bitcoin is still in the suppression phase. A definite return to the $80,000–$82,000 area would encourage a strong bullish move, while a loss of the $75,000 support area would see BTC return deeper to the $70,000 area.
Image from ChatGPT, TradingView.com chart
