Crypto Dan

BTC flow from Spot Exchanges to Derivative Exchanges

The red indicator shows how much BTC move from Spot Exchanges to Derivative Exchanges. This indicator tends to increase faster when the market fluctuates largely, especially when BTC is falling sharply and largely. According to the past experiences, "BTC started raising after this indicator increased and decreased sharply". Recently, this indicator hit the top and started to decrease sharply. If you see the past all the times, when this indicator decreas after top, BTC started to rise. It means, current price section may be the bottom for short term.