The post Bitcoin Data Shows Aggressive Sellers In Control As BTC Consolidates Below $90K appeared on BitcoinEthereumNews.com.

Bitcoin closed the year slightly in the red, marking a rare break in the long-observed four-year cycle pattern of one red year followed by three green years. The annual decline was modest—around 6%—and negligible compared to historical drawdowns seen in prior bearish years. Yet despite its limited magnitude, the red close carries symbolic weight, suggesting a shift in market behavior rather than outright weakness. Recent on-chain analysis from Axel Adler adds important context to this change. Data tracking cumulative Net Taker Flow shows that aggressive buying peaked around the New Year before fading. Since then, the balance of market aggression has tilted toward sellers, though not in an extreme way. The indicator currently sits in a moderate negative range, signaling that sell-side pressure has increased but remains far from capitulation levels. Historically, similar conditions have tended to coincide with heightened downside sensitivity rather than immediate trend reversals. In practical terms, this suggests that Bitcoin is vulnerable to further weakness if demand fails to recover, but it is not yet displaying the stress typically associated with deeper bear phases. The key takeaway is nuance. Bitcoin is not collapsing, but it is no longer behaving like an asset in a clean, momentum-driven expansion. The shift toward moderate sell pressure, combined with a rare red yearly close, points to a market transitioning into a more complex and selective phase rather than following its familiar cycle script. Derivatives Momentum Turns Cautious as Sell-Side Pressure Aligns Adler’s analysis highlights a growing shift in short-term market behavior through the Bitcoin Net Taker Flow momentum metric, which tracks how aggressively traders are positioning on the long or short side. Unlike cumulative flow, this indicator is designed to react quickly to sentiment changes, offering an early read on shifts in trader behavior rather than longer-term positioning. In recent…

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Filed under: News - @ January 3, 2026 2:08 am