#Bitcoin Exchange Netflow: Net supply pressure between two corrections

According to #Bitcoin Exchange Netflow chart data on ForeDex, Current Netflow data shows distinct characteristics compared to the previous sharp correction:

During the previous sharp correction: The chart recorded continuous red Netflow bars with large amplitudes. This was a phase where the supply moving onto exchanges spiked, moving in tandem with the sharp downward trend of the $BTC price.

Recently: Net inflow pressure has narrowed significantly. The volume of red bars has dropped to low levels, while alternating with net outflow movements—most notably a strong net outflow in early May. Parallel to this, the $BTC price line has started showing signs of moving sideways and recovering slightly from the area around 78K.

The decrease in positive Netflow volume indicates that selling pressure from investors has slowed down compared to the previous period. The market is currently entering a new state of equilibrium as the supply ready to be sold diminishes, creating space for the $BTC price to stabilize and accumulate while waiting for clearer signals from demand.