Bitcoin CVD Stabilizes After Sharp Sell-off, Glassnode Finds Selling Pressure Has Eased

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

According to an October 26 report, Glassnode observed that the spot and futures Cumulative Volume Delta (CVD) has stabilized for the first time since the October 11 dip, implying that the intense selling pressure in recent sessions has diminished.

This stabilization of spot and futures CVD provides a practical crypto market indicator for traders, reflecting calmer liquidity dynamics and a potential pause in downside momentum. Readers should watch for confirmation from additional on-chain metrics and macro data before adjusting risk exposures.

Share News:

Other Breaking News

BREAKING

February 9, 2026 at 06:44:50 AM UTC

BINANCE SAFU FUND HAS BOUGHT ANOTHER 4225 BTC ($299.6M), BRINGING THEIR TOTAL HOLDINGS TO 10455 BTC ($734M).

BREAKING

February 7, 2026 at 07:33:16 AM UTC

GARRETT JIN DEPOSITED 5,000 BTC ($351M) INTO BINANCE.

BREAKING

February 6, 2026 at 09:02:52 PM UTC

$UP added to Coinbase roadmap.

BREAKING