PANews reported on October 26th that blockchain analysis company Glassnode published an article on the X platform stating that since the peak on October 10th, Bitcoin's spot and futures CVD (Note: CVD is the cumulative trading volume increase, which is used to determine market direction by tracking the net pressure of active buying or selling) has flattened for the first time, indicating that the recent strong market selling pressure has subsided.PANews reported on October 26th that blockchain analysis company Glassnode published an article on the X platform stating that since the peak on October 10th, Bitcoin's spot and futures CVD (Note: CVD is the cumulative trading volume increase, which is used to determine market direction by tracking the net pressure of active buying or selling) has flattened for the first time, indicating that the recent strong market selling pressure has subsided.
Glassnode: Recent Bitcoin selling pressure has subsided
PANews reported on October 26th that blockchain analysis company Glassnode published an article on the X platform stating that since the peak on October 10th, Bitcoin's spot and futures CVD (Note: CVD is the cumulative trading volume increase, which is used to determine market direction by tracking the net pressure of active buying or selling) has flattened for the first time, indicating that the recent strong market selling pressure has subsided.
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