52 y/o AAM presents to the ED via EMS with respiratory distress. He has been increasingly short of breath over the past 3 days. He denies CP, N/V/D. Admits to subjective fevers and "feeling cold" + cough productive of brown sputum. He was recently admitted to the hospital MICU with respiratory distress.
PMHx: sarcoidosis, stage 4; anemia
PSHx: none
Family Hx: DM, HTN, cancer and anemia
Social Hx: denies ETOH, tobacco or drug use
Medications: prednisone plus "others"
Allergies: levaqin
PE: BP 135/88, P 165, R 36, POx 85% on NRBM, T UTO
GEN: ill appearing AAM, respiratory distress, diaphoretic, alert and oriented x 4
CHEST: fine crackles bilaterally with labored respirations, retractions, tachypnea
CV: tachycardic, RR, no M/R/G
ABD: soft, NTND, +BS
EXT: no C/C/E
Pt is started on nasal BIPAP and given 2 liters NS and a foley temperature is obtained, which is 102.9. CXR is obtained and looks unchanged from previous with chronic interstitial disease. EKG shows sinus tachycardia around 150bpm.
Labs return with a WBC of 16.6 with left shift and antibiotics are empirically started. 2 more liters of IVF are given and patient states he feels somewhat better. His HR has decreased to 120s and his Pox has increased to 98%, but he continues to have fine crackles bilaterally on physical exam. His temperature goes down to 101.1.
Bedside ultrasound is obtained to look at his IVC to determine his fluid status.
The m-mode tracing is below:

What does this say about his fluid status?
What is his likely CVP?
Thanks to David Imbt who subimitted this case!