ForeDex

ForeDex Recognized Author Crypto₿ follows the market-maker signals beyond ETF and DAT demand 🧐: ⭐️ ETF inflows and DAT-related demand are easier to track, but non-ETF/DAT institutional demand goes through OTC channels and traditional crypto market makers. ⭐️ From the Market Maker Inflow perspective, the signal remains relatively negative. MM buying momentum initially followed price highs but later weakened against a new #BTC ATH, creating bearish divergence. [...] ⭐️ Market Maker Netflow gives a more constructive signal. In the latest phase, price made a new low, but MM net buying momentum did not fall to a new low. This creates a bullish divergence and suggests that non-ETF/DAT net buying demand has improved compared to February. ⭐️ The market-maker picture is therefore mixed, with MM inflow and netflow showing different divergences. The ideal setup would be for both MM buying momentum and MM net buying momentum to align with bullish signals at the same time 🧙‍♂️ View Chart