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The recent decline in $SOL was primarily driven by selling pressure in the futures market.
However, Spot CVD tells a different story. It has recovered to its pre-dump levels, suggesting buyers stepped in aggressively to absorb the selling pressure.
Even more interesting, buyers struck right around the Weekly FVG, adding another layer of technical confluence.
Significant spot accumulation at lower prices + Weekly FVG reaction.
Looks like a bounce could be imminent!
#BitcoinRebounds$75KAsChipsLead #JobsReportRaisesHikeOdds #US Data Center Rules May Constrain AI Expansion #BinanceReopensWithdrawalsForMoreAssets
The recent decline in $SOL was primarily driven by selling pressure in the futures market.
However, Spot CVD tells a different story. It has recovered to its pre-dump levels, suggesting buyers stepped in aggressively to absorb the selling pressure.
Even more interesting, buyers struck right around the Weekly FVG, adding another layer of technical confluence.
Significant spot accumulation at lower prices + Weekly FVG reaction.
Looks like a bounce could be imminent!
#BitcoinRebounds$75KAsChipsLead #JobsReportRaisesHikeOdds #US Data Center Rules May Constrain AI Expansion #BinanceReopensWithdrawalsForMoreAssets
