Hello friends, while reviewing CryptoQuant data, I noticed an interesting detail that I'd like to share with you. Looking at the Spot Taker CVD (90-day volume difference) chart, we can see a recent shift back into the green phase. What does this mean?
📌 In short: Buy orders (taker buy) have become dominant again. In other words, more buy orders are being placed in the market than sell orders. This generally signals that the uptrend may continue.
📉 In previous months, the chart was mostly red, indicating strong selling pressure, which impacted the price—leading to declines.
🔄 Now, things seem to be changing. Buyers appear to be stepping back into the market.
🧠 What Should We Take From This?
The summary of the situation: As the price tests above $110K and reaches a new all-time high (ATH), buyers have not backed down. This could be setting the stage for another wave of upward movement.
Of course, as always, cautious optimism is the best approach.
📊 Would you like to track insights like this in real-time and gain early access to strategic signals?
Written by ibrahimcosar
