Bitcoin:

🟢Coinbase's CVD spot data indicates that large buying movements don't always lead to immediate upside. Rather, the market may experience a period of volatility before reacting.

🟢For example, in March, wallets began buying slowly, and despite the price decline, we saw a rebound a month and a half later.

🟢Conversely, the June sell-off on Coinbase may have an actual impact in July, supporting a scenario of a relatively volatile or negative month, even if the price continues to maintain high levels for a while.