BULLISH: Selling pressure has subsided

Spot and perpetual CVDs are stabilizing as BTC holds above $110K a clear sign that aggressive sellers are exhausted and spot demand is quietly returning.

After weeks of heavy liquidations, futures volume delta is finally flattening out, suggesting shorts are being absorbed by stronger hands.

If this trend continues, BTC could be setting up for its next leg higher as funding normalizes and open interest rebuilds.

#Bitcoin #Onchain #Glassnode #CryptoMarkets