Glassnode Report: Momentum strengthened with the 14-day RSI rising from 38.6 to 58.2 and spot trading volume increasing 13.2% to $11.1 billion. However, spot CVD fell from -$40.8 million to -$111.7 million, indicating that selling pressure is intensifying. Also, online activity stabilized slightly.
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Glassnode Report: Momentum strengthened with the 14-day RSI rising from 38.6 to 58.2 and spot trading volume increasing 13.2% to $11.1 billion. However, spot CVD fell from -$40.8 million to -$111.7 million, indicating that selling pressure is intensifying. Also, online activity stabilized slightly.