Ethereum and Solana buying and selling pressure data show a negative trend, sending warning signals—what does this mean?

Reported by Bijie Network: Ethereum and Solana showed signs of an upward trend after rebounding on Tuesday, but the overall outlook remains bearish. On-chain data from Alphractal indicates that the buy-sell pressure Delta values for both ETH and SOL have turned negative, suggesting that selling pressure is dominant and increasing the risk of a short-term downturn. This shift signals that the trend is nearing exhaustion and prices are entering a cooling phase. However, historically, if selling pressure eases, negative Delta values often indicate a price bottom. Meanwhile, ETH continues to trade below $3,000, within a dense cost basis area, which is a key breakeven zone; holding this area suggests a bottom is being formed, while breaking below it could weaken support levels.