Recent analysis of Binance's netflow data over the past 90 days highlights a significant pattern: when the Netflow SMA14 turns positive, Bitcoin often faces short-term selling pressure and minor corrections. However, today's data indicates a shift, with the Netflow SMA14 entering negative territory, suggesting a potential short-term bullish trend for Bitcoin.

On January 6, 2025, Binance reported a netflow of -5,407 and a Netflow SMA14 of -483. These figures suggest that investor behavior on Binance is currently skewed towards accumulation. This trend supports the likelihood of an upward movement in Bitcoin's price in the near term.