Amr Taha

Binance Data Shows Aggressive Buyers: CVD Up $6B Since $63K Bottom

📰 Daily Market Update: Recent data from Binance shows a notable shift in market behavior, with one of the most telling signs coming from the Cumulative Volume Delta (CVD), which has bounced back sharply from deeply negative levels. 📊 BTC: Binance Cumulative Net Taker Volume / OI [USD] 24H What is CVD and Why It Matters The Cumulative Volume Delta (CVD) is a key metric used by professional analysts to measure the net difference between market buy orders and market sell orders. In simple terms: 📈 When CVD rises → Buyers are more aggressive (market buys dominate) 📉When CVD falls → Sellers are more aggressive (market sells dominate) 🔬 Key Observation: 📈 The chart shows a sharp rebound in CVD from –$8.8B (lows) to –$2.8B. 📈 This means nearly $6B in net aggressive buying entered the market since the bottom. 🚀 The CVD low at –$8.8B coincided with BTC trading near $63K. 🚀 As CVD recovered, BTC exploded higher, breaking above $75K. ⚠️ Importantly, the figure remains negative (–$2.8B), showing that historically the market is still under the shadow of old selling pressure, but the current momentum is clearly bullish as buyers are offsetting ~60% of accumulated sell volume.