Mignolet
Binance selling is weakening.
Since the decline since December of last year, the reliability of the overall exchange Reserve and price correlation has deteriorated, and it has become ineffective from a trading point of view. Since then, we are referring to the individual movements of Binance and FTX exchanges, which have relatively high trading volumes. Obviously, the entire exchange reserve continued to decline in the big decline that started in November last year, Binance Reserve continued to rise at this point, and was actually a decline led by Binance. As such, it can be seen that the movement of Binance Exchange among all exchanges is important, Since March 19th, Reserves on Binance Exchange have been dropping sharply. We can see from the Binance Netflow (inflow-outflow) movement that the selling pressure on the Binance Exchange is definitely weakening. It seems highly likely that it will maintain the structure held in January-March, and this rise must be strong. If not.. Then the real decline.