I looked into BTC pricing dynamics, and these charts are quite interesting.

The CVD volume on Binance futures and spot markets has been decreasing consistently this year, indicating a continuous state of selling off. Coinbase, likely due to the ETF, has seen consistent volume increases. BTC price fluctuations have managed to counteract selling pressure, though it’s clear that Binance futures have a substantial impact on price volatility, with movements largely in sync with price changes.

In October, both Coinbase and Binance futures entered a consolidation phase, possibly due to uncertainty around the upcoming election. Trading volume decreased, and the price was lifted by buying on Bitfinex, Bitstamp, and Kraken.