The direct answer: analysts cited in the July 14 Jinse Finance report believe Bitcoin panic selling may be close to ending because marginal selling pressure appears to be drying up. However, the same report says the rebound is still being driven mainly by derivatives activity, while spot buying remains relatively weak. That makes the setup constructive but not conclusive.
| Primary source | Jinse Finance |
|---|---|
| Reported at | 2026-07-13T16:22:36.000Z |
| Topic | BTC |
| Evidence limit | Reported facts are separated from interpretation; current prices and platform terms require independent verification. |
Evaluate OKX for your use case
Check regional eligibility, current fees and product availability on the official destination.
Review OKXWhat Happened
Jinse Finance reported that multiple market analysts believe Bitcoin’s months-long panic selling may be nearing an end as marginal sell pressure gradually weakens.
The report focused on BTC and cited views from Wintermute OTC trader Jasper De Maere and Nexo analyst Dessislava Ianeva. It also referenced U.S. spot Bitcoin ETF flow data and Glassnode spot-market data as evidence that selling pressure has declined.
Why Analysts See Seller Exhaustion
The strongest point in the report is Bitcoin’s ability to hold above $62,000 even as recent U.S.-Iran tensions escalated and the Strait of Hormuz remained under market attention. De Maere said this behavior suggests that earlier weak-hand selling had largely been cleared.
The brief also said U.S. spot Bitcoin ETFs recorded $197.4 million in net inflows last week, ending eight consecutive weeks of net outflows. In the context of the report, that shift is treated as another sign that selling pressure is easing.
Spot Market Evidence
Nexo analyst Dessislava Ianeva cited Glassnode data showing a sharp decline in spot-market net selling. According to the brief, Bitcoin’s spot market saw average daily net selling of about 2,000 BTC in June, while July had fallen to about 53 BTC.
That change matters because spot-market pressure is closer to actual coin buying and selling than purely leveraged positioning. A drop in net selling does not prove strong demand, but it can reduce the amount of new buying needed to stabilize price.
What Could Still Go Wrong
The report includes an important limit: analysts warned that Bitcoin’s rebound is currently driven mainly by derivatives markets, while spot buying remains relatively weak. That means price strength could be more fragile if leverage unwinds or if macro catalysts disappoint traders.
The upcoming U.S. June CPI data and Federal Reserve Chair Kevin Warsh’s congressional testimony were named as possible market catalysts. Those events could affect risk appetite, liquidity expectations, and short-term BTC volatility.
Practical Checks For Traders
A practical reading of this news is to separate seller exhaustion from a confirmed bull move. Lower marginal selling can support a base, but a stronger confirmation would require healthier spot demand, sustained ETF inflows, and price resilience around major macro events.
For anyone tracking BTC through OKX news flow or exchange market data, the useful checks are straightforward: watch spot volume, ETF flow direction, derivatives funding, open interest, and whether BTC continues to hold key levels after macro data is released.
OKX Context
This article is for market context, not financial advice. If readers use OKX to monitor BTC, the decision-useful angle is not whether the report guarantees upside. It does not. The useful angle is that analysts are watching whether seller exhaustion is turning into durable demand.
Readers who want to follow BTC market conditions on OKX can use the provided OKX link and referral code 7nfg8123, while still making independent decisions based on risk tolerance, liquidity, and current market data.
Evaluate OKX for your use case
Check regional eligibility, current fees and product availability on the official destination.
Review OKXAffiliate link · Availability varies by region · No guaranteed outcomeQuestions readers ask
Are analysts saying Bitcoin panic selling is definitely over?
No. The report says analysts believe panic selling may be close to ending, but it does not claim that selling is definitively over or that Bitcoin must rise.
What evidence supports the seller-exhaustion view?
The brief cites Bitcoin holding above $62,000 during geopolitical stress, U.S. spot Bitcoin ETF net inflows of $197.4 million last week, and Glassnode data showing average daily spot net selling falling from about 2,000 BTC in June to about 53 BTC in July.
Why is spot demand still important?
The report warns that the rebound is mainly driven by derivatives, while spot buying remains relatively weak. Without stronger spot demand, a rally can be more vulnerable to leverage-driven reversals.
Which upcoming events could affect Bitcoin next?
The brief names U.S. June CPI data and Federal Reserve Chair Kevin Warsh’s congressional testimony as potential catalysts for market direction.
Is this OKX news a trading recommendation?
No. This is market analysis based only on the supplied event brief. It is not financial advice, does not guarantee outcomes, and should not replace independent risk assessment.