Here I leave you this gem đ âŹď¸
Analysis of the Money Flow in BTC/USDT
1. Price Drop (-2.88%)
⢠The price of BTC has fallen to 86,600 USDT, indicating selling pressure in the market.
2. Negative Net Money Flow (-2,629 BTC)
⢠BTC outflows have exceeded inflows in recent days, suggesting that investors are liquidating positions.
⢠Large net transactions: -2,206 BTC
⢠Medium net transactions: -193 BTC
⢠Small net transactions: -228 BTC
3. Trend of the Last 5 Days
⢠In the last 5 days, there has been a net outflow of -9,665 BTC, reinforcing the idea of asset distribution rather than accumulation.
⢠In the last 24 hours, -2,031 BTC in large flows have been recorded, indicating that whales are selling.
4. Market Impact
⢠The price drop and BTC outflow may indicate fear or profit-taking.
⢠If the trend continues, we could see more bearish pressure in the short term.
⢠A possible rebound would depend on a reversal of the money flow towards positive inflows.
Currently, the market shows predominant selling signals, with large investors moving BTC out of exchanges. It is important to monitor whether the money flow changes to positive to identify a potential recovery or a strategic buying opportunity.
đ¨ Recommendation: If you are trading BTC, stay alert to the money flow and price action to make informed decisions.
