Woofun AI data shows that Bitcoin futures have been dominated by sellers since July 7, with cumulative volume delta shrinking nearly 70% from $800 million to $230 million over two days. During this period, the price declined from approximately $64,000 to $62,000.

A brief buying pulse on July 8, recording $22 million and $48 million in buying over two consecutive hours, failed to move the price significantly around $62,100 and was subsequently erased by a single-hour selling wave of $92.7 million. While positive CVD indicates buyer accumulation since the start of the month, the rapid contraction and price decline signal a shift in momentum toward sellers. The $62,000 level has transitioned from support to resistance, and a CVD drop below zero would confirm sustained bearish dominance.