Glassnode: Recent strong selling pressure on Bitcoin has subsided

According to Odaily Planet Daily, blockchain analysis company Glassnode published a post on the X platform stating that since the peak on October 10, Bitcoin's spot and futures CVD (Note: CVD is the cumulative trading volume increase, which is used to determine 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.