Glassnode: Recent selling pressure on Bitcoin has eased

ChainCatcher news, blockchain analytics company Glassnode posted on the X platform that since the peak on October 10, the spot and futures CVD of Bitcoin (Note: CVD is the cumulative trading volume increment, used to assess 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.