Market Update: Key Selling Pressure Shows Signs of Easing

New data from Glassnode indicates a potential shift in recent market dynamics.

➡️Key Insight: The Cumulative Volume Delta (CVD) for both spot and futures markets has stabilized. This is the first time this has occurred since the significant drop on October 11th.

What This Means:

-CVD measures the difference between buying and selling volumes.

-A stabilizing CVD suggests that the intense, aggressive selling pressure that has dominated the market for over two weeks may be significantly diminishing.

-This can often be interpreted as a sign of market equilibrium being restored, where buyers and sellers are finding a balance.

While this is a single on-chain metric, it is a crucial one for gauging market sentiment and order flow. It does not guarantee a reversal, but it does suggest that one of the major headwinds could be subsiding.

🔴Is this the calm after the storm, or just a pause before the next move?

🔴What's your take on the current market structure? Share your analysis below.

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