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Analysts: Bitcoin exchange liquidity indicator IFP has turned bearish

According to online reports, CryptoQuant community analyst Maartunn issued a statement saying that the Bitcoin Inter-exchange Flow Pulse (IFP) indicator has turned bearish. This indicator determines market sentiment by monitoring the flow of Bitcoin between spot and derivative exchanges. When Bitcoin inflows into derivatives exchanges increase, it usually corresponds to a bull market, and increased outflows indicate a bear market trend.

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