📊 The latest data from CryptoQuant shows that the Exchange Flow Multiple indicator is low again, similar to the situation before the market rally in June 2023. Does this mean that the market is preparing for the next uptrend? đŸ€”

The Exchange Flow Multiple indicator reflects the ratio between short-term (30 days) and long-term (365 days) BTC inflows and outflows on the trading platform. The current low value indicates that short-term flows are significantly lower than long-term flows.

What do you think? Feel free to share your views in the comments! 💬 #ćŒșć—é“Ÿ#BTC#CryptoQuant