{"id":53314,"date":"2025-10-16T20:16:50","date_gmt":"2025-10-16T20:16:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53314"},"modified":"2025-10-16T20:16:50","modified_gmt":"2025-10-16T20:16:50","slug":"binance-led-selling-pressures-bitcoin-but-uptober-may-soon-flip-the-script","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53314","title":{"rendered":"Binance-Led Selling Pressures Bitcoin, But \u2018Uptober\u2019 May Soon Flip the Script"},"content":{"rendered":"
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Bitcoin suffered a fresh decline of 2% over the past 24 hours, falling below $111,000 on Friday. The ongoing market decline is being primarily driven by Binance-led selling pressure, said CryptoQuant.<\/p>\n

The company\u2019s analysts, however, believe this represents a short-term correction rather than the end of the broader bull cycle.<\/p>\n

Bears Dominate in Short-Term<\/h2>\n

Three crucial indicators \u2013 the Coinbase Premium, Funding Rate, and Taker Buy\/Sell Ratio \u2013 collectively highlight<\/a> this market behavior. The US buying activity appears to be strong, as evidenced by the Coinbase Premium, which remains positive. Despite this, Bitcoin\u2019s price continues to falter, which means that selling on Binance is overpowering US-based demand.<\/p>\n

Meanwhile, Binance\u2019s Funding Rate has stayed negative for four straight days, even as most other exchanges record positive rates, revealing that futures traders on the platform are betting on short-term downside moves. In addition to this, the Taker Buy\/Sell Ratio has dropped to its lowest level in over a year, as aggression among sellers increased, implying that market order flows are heavily skewed toward liquidation.<\/p>\n

While these factors depict Binance\u2019s outsized influence on near-term price action, CryptoQuant argued that the correction appears cyclical rather than structural. Bitcoin\u2019s on-chain fundamentals, such as network activity and long-term holder accumulation, remain strong, and the overall market structure continues to support a bullish outlook.<\/p>\n

As such, investors may see a surge in volatility in the short-term as the market digests<\/a> these developments, but the broader uptrend remains unbroken.<\/p>\n

Is \u2018Uptober\u2019 Still Alive?<\/h2>\n

Bitcoin may, in fact, soon regain momentum as October progresses. CryptoQuant data points<\/a> to a recurring seasonal trend in which BTC often delivers its strongest performance during the latter half of the month. Since 2020, a $100 position in Bitcoin at the start of October has typically grown to around $120-$125 by month\u2019s end. This pattern has been fairly consistent.<\/p>\n

The explanation lies in the fact that during the second half of October, Bitcoin\u2019s exchange reserves have historically declined<\/a> by 0.5-1% as investors withdraw BTC into self-custody or long-term storage. This contraction in sellable supply tightens market liquidity, which makes prices more sensitive to renewed buying pressure.<\/p>\n

Early in the month, price action is usually shaped by short-term traders, but as the month unfolds, long-term holders resume accumulation, which boosts positive sentiment and sparks the so-called \u201cUptober\u201d effect.<\/p>\n

At the same time, stablecoin issuance tends to rise, which means that new capital is flowing into the crypto ecosystem and increasing market demand. These factors together create favorable conditions for late-month rallies.<\/p>\n

The post Binance-Led Selling Pressures Bitcoin, But \u2018Uptober\u2019 May Soon Flip the Script<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin suffered a fresh decline of 2% over the past 24 hours, falling below $111,000 on Friday. The ongoing market decline is being primarily driven by Binance-led selling pressure, said CryptoQuant. The company\u2019s analysts, however, believe this represents a short-term correction rather than the end of the broader bull cycle. Bears Dominate in Short-Term Three […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-53314","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53314"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53314\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}