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TechFlow reported on February 15 that Maartunn, a community analyst at CryptoQuant, stated the Inter-exchange Flow Pulse (IFP) indicator for Bitcoin has turned bearish.
The IFP measures market sentiment by monitoring Bitcoin flows between spot and derivatives exchanges. An increase in inflows to derivatives exchanges typically corresponds to a bullish market, while increased outflows signals a bearish trend.
CryptoQuant community analyst Maartunn stated that the Bitcoin Inter-exchange Flow Pulse (IFP) indicator has turned bearish. This metric gauges market sentiment by monitoring Bitcoin flows between spot and derivatives exchanges. Typically, increased inflows into derivatives exchanges correspond to bull markets, while rising outflows signal bearish trends.
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