Bitcoin Markets Calm After Binance Sell-Off, Traders Eye Next Move

Following a brief rally, Bitcoin markets have eased as traders monitor the next major market trend amidst uncertainty. Binance sell-offs are slowing, potentially indicating accumulation phases in the crypto market. Analysts highlight the significance of this shift, with netflows from Binance showing consistent outflows for 30 days, suggesting investors prefer to hold over selling. This suggests a potential build-up of Bitcoin stock prior to a major price move.