The $BTC CVD indicator shows buying by purple whales.



They are quietly increasing their buying. Additionally, buying by the orange group is also increasing.

A sell wall is forming right above, and this will act as resistance.
BTC-0.47%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • 2
  • Share
Comment
Add a comment
Add a comment
MempoolMaggie
· 2h ago
The purple whale is accumulating, this signal must be watched closely.
View OriginalReply0
RugProofRita
· 2h ago
Whales are buying, but the resistance level won't be easily broken. I prefer to wait and see.
View OriginalReply0
GateUser-28f37882
· 2h ago
What is the sell wall position? Want to see if there is a possibility of a fake breakout to lure longs.
View OriginalReply0
MechanicalHummingbird
· 2h ago
Quietly adding positions, huh? By the time retail investors catch on, they'll be buying at the top again.
View OriginalReply0
GateUser-470bc925
· 2h ago
The CVD indicator has been quite accurate recently, let's follow it.
View OriginalReply0
TheLiquidationLampInMisty
· 2h ago
Both sides are accumulating, but resistance is just ahead, so short-term volatility will dominate.
View OriginalReply0
  • Pinned