$BTC
We‘re seeing first signs of strength.
Price is currently bouncing after sweeping the lows, and there seems to be genuine spot demand behind this move.
Since yesterday’s selloff, spot CVD has been moving higher while futures CVD remains mostly neutral, which is exactly
the kind of dynamic you want to see here.
If spot participation remains intact and there’s no aggressive selling from perps, we could see a relief bounce soon.
We‘re seeing first signs of strength.
Price is currently bouncing after sweeping the lows, and there seems to be genuine spot demand behind this move.
Since yesterday’s selloff, spot CVD has been moving higher while futures CVD remains mostly neutral, which is exactly
the kind of dynamic you want to see here.
If spot participation remains intact and there’s no aggressive selling from perps, we could see a relief bounce soon.
