ETH in the spot market is surging ⚠

The chart shows something traders should not ignore now.
ETH price is fluctuating near the $2300 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.
Simply put:
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 taking downward
What makes this important is that ETH recently failed to maintain momentum above the resistance zone at $2400.
Now the market is watching:
🔸 Support at $2250
🔸 Then the main demand zone near $2150-2200
If these levels are broken with continued negative CVD, panic selling could accelerate quickly.
Meanwhile, this does not necessarily mean a complete collapse of the overall downtrend.
There is still a significant split 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 $2400 with strong spot flows: ➡️ momentum could quickly shift back to the bullish side.
But if selling pressure continues:
➡️ downward volatility could expand rapidly toward lower liquidity zones.
So far, the demand flow advantage is clearly with the sellers. 📉
#BitcoinHoldsFirmAbove80Kبيع ‌$ETH