#CryptoStocksRally

Selling ETH in the spot market is escalating ⚠️
The chart shows something traders should not ignore right now.
🔶 ETH price is fluctuating near the $2,300 zone
🔶 Total CVD in the spot market has sharply deteriorated
🔶 Sellers in the spot market are dominating market flow
🔶 Buyers are no longer absorbing selling pressure efficiently
The collapse drawn around CVD on your chart reflects the true distribution of the spot market — not just leveraged futures noise.
In simple terms:
👉 More actual ETH holders are selling in the market than buyers want to absorb.
This usually creates:
▫️ Weaker short-term momentum
▫️ Failed breakout attempts
▫️ Slower recovery structure
▫️ Higher likelihood of liquidity grabs downward
What makes this important is that ETH recently failed to maintain momentum above the resistance zone at $2,400.
Now the market is watching:
🔸 Support at $2,250
🔸 Then the main demand zone near $2,150–$2,200
If these levels are broken with continued negative CVD, panic selling could accelerate rapidly.
Meanwhile, this does not necessarily mean a complete breakdown of the overall bearish trend.
There is still significant division happening in the market:
🔶 Retail appears to be selling sharply
🔶 Some whales are still accumulating on weakness according to recent chain reports
This creates a very tough environment where:
➡️ Short-term sentiment seems weak
➡️ But larger players may still be positioning for higher prices later in the cycle
Historically, ETH performs poorly when:
▫️ Spot CVD sharply turns negative
▫️ Open interest remains high
▫️ Funding stays positive while price declines
This often traps late long positions.
Currently, Ethereum is at a decision point.
If buyers regain $2,400 with strong spot flows: ➡️ momentum could quickly shift back to the bullish side.
But if selling pressure continues:
➡️ downward volatility could expand rapidly toward lower liquidity zones.
So far, the demand flow advantage is clearly with the sellers. 📉
$ETH ‌#GateSquareMayTradingShare