Selling Pressure Absorbed

Definition ∞ Selling pressure absorbed describes a market condition where an asset’s price remains relatively stable or even rises despite significant selling activity. This indicates strong buying demand effectively counteracting the volume of sell orders. It suggests underlying market strength and investor confidence in the asset’s future value. This absorption prevents sharp price declines.
Context ∞ In cryptocurrency market analysis, reports often refer to selling pressure absorbed when an asset successfully defends a key support level during a downturn. This phenomenon is frequently cited as a positive technical signal, suggesting that large buyers are stepping in to acquire assets at current prices. News articles might attribute this absorption to institutional accumulation or strong retail demand. It indicates resilience against negative market forces.