Bitcoin Selling Pressure Eases After Two Weeks
Bitcoin selling pressure drops as spot and futures CVD levels flatten, signaling a market shift.
- Bitcoin selling pressure eases for the first time since October 10
- Glassnode data shows flattening in spot and futures CVD
- Signals a possible shift in market sentiment
After weeks of intense downward momentum, Bitcoin selling pressure appears to be cooling off. According to data from on-chain analytics platform Glassnode, both spot and futures Cumulative Volume Delta (CVD) have flattened — indicating that the aggressive sell-off which began around October 10 may finally be losing steam.
This flattening of CVD suggests that sellers are no longer dominating order books to the extent they were earlier this month. Instead, the market could be moving toward equilibrium, or possibly even preparing for a reversal.
What CVD Tells Us About Market Sentiment
CVD is a useful metric for gauging real-time buy and sell aggression in the market. A rising CVD suggests more aggressive buying, while a falling one signals strong selling pressure. For the past two weeks, the Bitcoin market has experienced consistent negative CVDs, confirming the heavy sell-side pressure.
However, as of now, Glassnode reports that both spot and futures CVDs are beginning to level out. This stabilization may indicate that the worst of the selling has passed. For investors, it could point to a period of price consolidation or a potential shift in market direction.
What’s Next for Bitcoin?
While the flattening CVD is a positive development, it’s not a guaranteed signal of a full trend reversal. Market participants will be watching closely to see if buyers begin to regain control, pushing CVD values higher.
Historically, when aggressive selling slows down and market participants regain confidence, Bitcoin prices tend to stabilize and, in some cases, rally. That said, external macroeconomic conditions and market sentiment will continue to play a major role in what comes next.
For now, the key takeaway is that Bitcoin selling pressure has eased — a welcome breather for traders and investors navigating this volatile market.
