Interestingly, the Spot Taker CVD over the last 90 days showed dominant market buy pressure.
This metric measures the difference between market buys and sells, and its current dominance in favor of buys aligns with the whale activity and technical breakout.
Typically, when spot demand outpaces supply at key resistance zones, it reinforces the validity of a bullish setup.
Therefore, this uptick in Taker Buy Dominance suggested that the price action is being supported by real demand rather than just speculative leverage.
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