Chainlink's on-chain data reveals a mixed market sentiment as Spot Taker CVD trends upward, indicating a surge in buying activity. This suggests that recent market orders are predominantly from buyers, giving them short-term control. However, long-term holders have been offloading their positions since October, creating noticeable selling pressure. Despite the conflicting short-term price movements, buying interest appears to be gradually gaining the upper hand.
Chainlink On-Chain Data Shows Diverging Market Trends
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