Bitcoin Sees Rebound: Selling Pressure Remains Strong

Cryptocurrency News
2 min read time
|Updated: 2026-02-04
Bitcoin (BTC) recovered nearly 5% from recent lows, briefly testing the $77,000 area. While short-term momentum has improved, broader signals suggest the rebound is still facing meaningful resistance.
Short-Term Relief, Not a Trend Shift
On lower timeframes, Bitcoin showed signs of slowing sell pressure, allowing price to bounce from oversold levels. Similar short-term recoveries have occurred before, but they tended to fade without sustained demand.
Some rotation from precious metals back into crypto also helped stabilize prices, but the move remains tentative.
Why the Rally Is Struggling
The main challenge lies around the $77,000 zone, where many Bitcoin holders are positioned close to their entry prices. When price revisits these levels, selling often increases as investors look to exit without losses.
Additional signals reinforce this picture:
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More Bitcoin has recently moved back onto exchanges, suggesting increased readiness to sell.
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SOPR (Spent Output Profit Ratio) remains below neutral levels, indicating that even during rebounds, many sales are happening at a loss.
Together, this suggests that recent price strength is being used to reduce exposure rather than build new positions.
Key Levels Ahead
For the rebound to evolve into something stronger, Bitcoin needs to hold above:
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$77,000 (first supply-heavy zone)
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$79,300 (next resistance area)
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$84,600 (major long-term barrier)
Without clear acceptance above these levels, upside attempts may continue to stall.
CoinTR Insight
In range-bound and supply-heavy environments, execution quality matters more than speed. CoinTR’s
deep liquidity and stable TRY–USDT order flow allow users to:
-
Trade around key price levels without slippage pressure,
-
Scale positions gradually instead of reacting emotionally,
-
Stay flexible during short-term rebounds driven by positioning rather than trend shifts.
Forward-Looking Takeaway
This rebound improves short-term sentiment, but confirmation requires stronger follow-through above resistance. Until then, level awareness and controlled positioning remain key.
February 4 crypto news was the same today. Remember, this information is not investment advice. As the Bitcoin exchange CoinTR, it has been prepared to inform you about the current
crypto market.
Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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