Commentary on Coinbase CVD in Bitcoin.
Since the drop to 78k, Coinbase has been accumulating fully since the beginning of March. While the decline continued during this process, it gradually brought the price back to the 95-96k level in the end.
However, after the rise since 84, purchases have not continued; there is currently no sharp selling either, it is moving sideways. Of course, it would be even better if purchases continued, but the situation is not very bad right now.
If Coinbase starts sharp selling, or if we see sharp selling in both Bitcoin and Coinbase, it wouldn't be pleasant. For now, there is no major problem #Bitcoin