Glassnode: Recent Bitcoin Selling Pressure Has Subsided
ChainCatcher news, blockchain analytics firm Glassnode posted on X stating that since the surge on October 10, the spot and futures CVD (Note: CVD is the cumulative volume delta, which tracks the net pressure of aggressive buying or selling to determine market direction) of bitcoin have flattened for the first time, indicating that the recent strong market selling pressure has subsided.
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