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Analyst: BTC exchange liquidity indicator IFP has turned bearish
Shen Chao TechFlow news, on February 15th, CryptoQuant community analyst Maartunn posted that the Inter-exchange Flow Pulse (IFP) indicator has turned bearish.
This indicator judges market sentiment by monitoring the flow of BTC between the spot and derivative exchanges. Generally, an increase in BTC inflow to derivative exchanges corresponds to a bull market, while an increase in outflow suggests a bearish trend.