Bitcoin's NVT Golden Cross just flashed a bullish valuation signal, rising 429% vs. its 90-day baseline and reaching 0.36 — suggesting network activity is strengthening faster than price. At the same time, Binance netflow reversed sharply from -5,124 BTC to +1,109 BTC in 24 hours, signaling aggressive short-term repositioning rather than a clear trend. With funding rates neutral and the Coinbase Premium slipping to -0.11, the market is balancing improving on-chain fundamentals against weakening spot demand. If exchange flows stabilize, this divergence could resolve into a stronger directional move. 👀 #Bitcoin #BTC #OnChain #Binance $BTC