According to glassnode, the 7-day simple moving average (SMA) of Bitcoin (BTC) Spot Volume Delta has turned positive, reaching a local high of nearly $5 billion yesterday. This surge in aggressive net taker demand has only been observed a few times this year, underscoring real spot market conviction behind BTC's climb above $100,000. For traders, this represents robust underlying buying activity, suggesting sustained bullish momentum and increased liquidity in spot markets, which are critical for short-term and long-term trading strategies (source: glassnode, May 14, 2025).

According to glassnode, Bitcoin (BTC) spot volume delta (7-day SMA) has turned sharply negative over the past three days, with daily figures of -$30.9M on April 27, -$76.1M on April 28, and -$193.4M on April 29. The data highlights a surge in aggressive selling pressure and significant weakening in spot demand, which are classic signals of potential profit-taking and buyer exhaustion. These indicators suggest traders should be cautious of a possible trend reversal or correction in the near term. Source: glassnode (April 30, 2025).