【Bitfinex: Bitcoin selling pressure eases, market trends remain to be seen】 Golden Finance reported that Bitfinex Alpha analysis report showed that last week, under the influence of massive selling in the spot market, the price of Bitcoin fell by more than 11% from a high of $66,587 at the end of September to a low of $58,943 on October 10. At present, the selling pressure has eased and the price of Bitcoin has rebounded rapidly. On-chain indicators show that the actual price of short-term holders (about $63,000) is a key resistance level. If Bitcoin can break through this level, it may indicate further bullish momentum; otherwise, it may retest lower support levels, close to $59,000 or even $55,000. In addition, the Mt.Gox trustee has extended the repayment period for creditors to October 31, 2025, alleviating market concerns that Bitcoin may be sold off.