Bitcoin approaches record period of 1079 days without heavy selling as market stabilizes at high levels

According to on-chain analyst Axel Adler Jr., Bitcoin has not experienced significant selling pressure for over 1,079 days, reaching a near historic record.

The previous record was 1,125 days. As Bitcoin trading nears high price levels, the lack of extreme selling has caught the attention of traders and long-term investors looking to see if the record will be broken.

The data shows that sellers have had an unusual period of silence in contrast to their reaction to sentiment and headlines. This establishes expectations about how the market is likely to react in the coming weeks and months.

Unusual period of silence for sellers

Adler notes that Bitcoin’s current market trends do not exhibit a typical distribution. Large holders aren’t throwing themselves out there to lock in profits, and there’s no obvious panic selling.

Situations where there is no selling pressure for long periods of time have rarely been experienced, especially during periods of high prices. Early in past cycles, selling has tended to be concentrated, either to take profits or to exit amid uncertainty.

However, current data indicates that selling needs to be restrained. Even though Bitcoin is trading well above historical cycle averages, many long-term holders appear to be reaching the limits of their holdings rather than exiting.

This silence does not indicate solid growth, but rather confidence among existing players.

What the statistics show

Axel Adler Jr. bases this observation on data rather than market sentiment. The lack of extreme selling indicates that the market is not experiencing stress or fear.

The main data indicators that are missing from the market are:

• There is no large amount of profit taking by long-term holders.
• There was no surrender in the recent retreat.
• There is no broad distribution of strength.

Researchers have found that these factors precede severe market declines. Their absence indicates that the market is stable, although momentum may be slow.

For most analysts, this confirms the fact that Bitcoin remains in a range rather than a peak phase.

Current Bitcoin price range and crisis level

Bitcoin is currently trading at around 87,500 and has remained within a range for the past few weeks. Prices range between $80,000 and $93,000.

Short-term expectations remain technologically rooted. The $93,000 zone is a major resistance and its support is located at $83,000. As long as prices stay within this range, traders are looking at consolidation rather than a major breakout.

The daily relative strength index is near 43, which means neutral momentum. This gives the idea that there is no strong buying or selling pressure in the market.

In market structure, such behavior typically becomes unstable before volatility returns.

Why selling pressure is not a problem

Past Bitcoin cycles have typically seen heavy sell-offs when the price approaches significant highs. Judging by the initial changes in profits, which previously caused widespread distributions, they were later offset more severely.

This is a notable lack of action today. This suggests that buyers still do not believe the market is at its final climax. On the contrary, many seem content to wait, even for lateral movements.

And the fact that patience can affect the future. If there is demand and supply is tight, this can create price pressure in the long run. Conversely, a loss of confidence can quickly lead to a sell-off.

So far, no scenario is dominant.

What this means for the future market

This lack of selling power does not signal a future rally for Bitcoin. Adler says that silence does not mean instantaneous growth.

Nevertheless, history proves that significant movements are followed by long squeezes. When sell orders are few and prices are fixed, even small fluctuations in demand can have a disproportionately large impact.

Traders are keeping a close eye on resistance, and long-term players seem comfortable holding during consolidation. If Bitcoin overcomes resistance, a preliminary distribution could help it continue better.