Analysis data from Binance over the past 90 days shows: when Netflow SMA14 is positive, Bitcoin typically faces selling pressure and slight corrections. Conversely, when Netflow SMA14 is negative, like today, it may signal a short-term bullish trend for Bitcoin.
On January 6, 2025, Binance data:
- Netflow: -5,407
- Netflow SMA14: -483
In summary, both indicators suggest that investor behavior on Binance is leaning towards accumulation. This trend strongly supports the possibility that Bitcoin prices will rise in the short term.
