Bitcoin selling pressure drops sharply: Positive sign for a recovery? Although Bitcoin has plummeted 46% from its October peak, on-chain data is bringing new hope. The decrease in exchange inflows from 60,000 BTC to an average of 23,000 BTC per day indicates that the most panic-selling phase seems to be over. The "Distribution Phase" that experts mention is actually a major shake-up among high-quality shareholders. Bitcoin is being transferred from old holders to a new class of owners at lower prices, creating a solid foundation for the next growth phase. The fact that "whales" are still depositing into exchanges may just be their final profit-taking moves in preparation for a longer-term game. History always supports and accompanies investors with a cool head. Just be patient through this correction, and the door to a new explosive cycle remains wide open. "Take a step back to move three steps forward," stay steady and ride the wave of recovery! $BTC #CelebratingNewYearOnGateSquare