Bitcoin’s CVD Stabilizes After Sell-Off, Signaling Potential Market Recovery

Following a sharp decline in Bitcoin prices, Glassnode’s analysis reveals signs of stabilization in the spot and futures Cumulative Volume Delta (CVD). This shift indicates reduced selling pressure since the market drop on October 11th, suggesting a potential market recovery. 💡 Glassnode’s recent report highlights this change as a key indication of shifting trading dynamics on major exchanges such as Binance and Coinbase. 📈 This stabilization offers relief to investors impacted by volatility. 👀 Institutional interest could be reignited, potentially leading to renewed engagement with the Bitcoin market.