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Points
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Futures
Futures
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HOT
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NEW
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NEW
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Top asset management team helps you profit without hassle
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GUSD Minting
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Activity Center
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20 USDT
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Asset Management
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OTC Bank Transfer
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Broker Program
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Gate Vault
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๐$BTC $ETH ๐
If you look at the regional Bitcoin flow chart, you will see a rather interesting picture:
Since the beginning of November, all regions - the United States, Europe, and Asia - have been net sellers of Bitcoin, whereas prior to this, the spot flow was mainly focused on buying.
In the past week, we have seen a slight repurchase in the United States and Europe (which corresponds with the V-shaped rebound of Bitcoin), while Asia continues to maintain a high selling volume.
In simple terms: Western capital flows have begun to stabilize, and even started to slightly return, but Asia currently still resembles a seller rather than a buyer.