Bitcoin Normalized Address Activity Drops To 30%: Selling Pressure Eases

Bitcoin’s Address Activity Points to Mid-Cycle Shift as Halving Timelines Loom

Bitcoin’s on-chain data is signaling a cooling period. Normalized Address Activity (NAA), a key metric for transactional intensity, has dropped

Bitcoin Normalized Address Activity Drops To 30%: Selling Pressure Eases

Bitcoin is trading at a critical level after successfully holding above $110,000 as support, but market sentiment remains on edge. The recent defense of this zone has given bulls a temporary cushion, yet selling pressure is mounting as volatility continues to drive uncertainty. Some analysts warn that further declines may follow if buyers fail to regain momentum, putting Bitcoin’s resilience to the test. Top analyst Axel Adler highlights a key o…