Analyst: 30-day moving average trading platform inflow/outflow ratio shows that Bitcoin demand is still high

Odaily News CryptoQuant analyst Darkfost published a chart analysis stating that although Bitcoin's trading price fluctuated widely between $90,000 and $105,000, the 30-day moving average (30DMA) trading platform inflow/outflow ratio showed that Bitcoin demand remained high. When the ratio falls below 1, it indicates that outflows exceed inflows, and professional investors generally view this as a bullish signal. Essentially, the lower the ratio, the stronger the underlying demand. Historically, when the ratio enters a high-demand zone, Bitcoin has typically seen short-term upticks. However, it is worth noting that some of these outflows may be attributed to regular asset transfers from centralized exchanges to custodial wallets (ETFs, institutions, OTC desks). (Cryptoquant)