Now vs 2022: Comparison of net inflow of funds ⚖️ Last week, I discussed whether we are currently replicating the downward trend of 2022, I have written a long post (https://((((x.com)))/market_gegar/status/2011978392116347339), I had a detailed discussion with everyone about this unsettling topic. Today, I plan to start from the perspective of 'net inflow of funds' again, While updating the latest data, I would also like to share some of my biases with everyone ： The indicator in the attached figure is the total amount of USDT inflows/outflows from the exchange, For the convenience of monitoring, I used the smoothing process of "SMA (30)" for it. The concept of indicators themselves is very simple and crude: Large amount of USDT flowing into the exchange: indicating a significant increase in market willingness to buy at the bottom Large amount of USDT outflows from the exchange: indicating that funds are making profits and exiting the market Old friends may not be unfamiliar with this indicator, as I mentioned in the 'Shallow Bear Bottom Search Series Analysis Post', I have previously published a special article introducing it. Interested friends can refer to the following citation Returning to today's topic, let's conclude that the situation in 2022 is even worse than it is now ‼️ As shown in the attached figure, after the sharp decline in November, as I have shared in the citation below, At that time, a large amount of USDT flowed into the exchange, indicating a strong market willingness to buy at the bottom. At the same time as every major crash, a batch of USDT will basically emerge and flow into the exchange; As the indicators gradually turn red, the market situation usually begins to gradually recover, And these USDT (bottom fishing funds) are laying the foundation for subsequent gains, whether they are rebounds or reversals. It is worth noting that although the current line type is quite similar to that of 2022, But if we compare the inflow of funds, we can find that: ➡️ In 2022, shortly after the indicator appeared in green, a huge red color immediately appeared ⚠️ ➡️ Now: The indicator is oscillating around the median, and the amplitude of the red color is also very small In plain language, it means: Although both now and in 2022, there have been large inflows of funds into exchanges to buy at the bottom after the sharp decline, But obviously, the funding for 2022 is more inclined towards' one night stands', After the price rebound, funds quickly and massively flowed out of the exchange, Compared to holding on to bargain hunting chips for a long time, the market sentiment is more like 'run away as soon as you make a profit' ‼️ And currently, there hasn't been a one night stand like in 2022, Although there has been an outflow of funds, the magnitude is clearly not significant, Compared to 2022, they can be said to be two completely different emotions. Based on my article published last Friday (https://((((x.com)))/market_gegar/status/2011978392116347339), The conclusions of the two can be said to coincide: the current market conditions are completely different from those in 2022 ❌ I know that the recent decline may have scared many people, and panic has spread to some extent, But if you are an old friend of Berg, I believe you will not be surprised by the recent pullback, After all, I nag about the 'liquidity gravity below' every day, For detailed concepts, please refer to my article analysis from yesterday BTC Technical Update: The Power of Liquidity Gravity is Revealing https://((((((x.com))))))/market_beggar/status/2013790709250396453 If you still expect the market to experience a second sharp decline like in 2022, Then I can only wish good luck. In my opinion, that is a low probability event, at least for now. The above is today's content, hoping to be helpful to everyone // Related reading resources Shallow Bear Bottom Picking Series Analysis Posts (Full): Simplified Summary Compilation https://((((((x.com))))))/market_beggar/status/1994586575015948555 Old Dog Don't Panic, I Don't Panic ": Latest Data Tracking of Trapped Disk Above 100000 RMB https://((((((x.com))))))/market_beggar/status/2013428574179729645 Latest BTC Deep Bear Extreme Valuation Data https://((((((x.com))))))/market_beggar/status/2013067199641247974