BTC Selling Pressure Intensifies as On-Chain Risk Indicator Rises

Bitcoin is attempting to stabilize above $76,500 as an on-chain analytics firm, Swissblock, reported that a key risk indicator signaling selling pressure has begun rising again. The firm noted that while the index maintained at zero during Bitcoin's recent uptrend, it has now increased to 16. However, current levels should be viewed as an early warning of potential selling pressure expansion rather than a signal of market structure damage. Swissblock emphasized that if the risk index sustains above 25, it would more clearly indicate spreading selling pressure across the broader market.