BlockBeats News, February 2nd, Analyst Axel Adler Jr. stated, “The Bitcoin Futures Fund Flow Index combines price dynamics with derivatives fund flows (order book volume + open interest changes).”
Since last Friday, the fund flow index has plummeted from around 50 to a critical 7.1%, hitting the lower limit of this index scale, which is also the extreme value in the past month. The ongoing price trend marked since January 28 confirms a persistent bear market. The key point is: since January 30, the index has fallen below the 45% threshold, which, according to the model, indicates entering the bear market boundary.
Historically, a reading of 7.1% usually corresponds to a market surrender zone. To achieve a state transition, the index needs to rebound above 45% and prices must stabilize. Until then, any rebound remains technically within a bear market correction.
Another index—the “Bitcoin Partial Pressure Index”—integrates volatility, funding rates, and leverage levels to form a comprehensive pressure indicator. On the evening of January 31 (Friday), during the sell-off below $78,000, this index soared to a peak of 92.5. Throughout the weekend, the index remained in a “tail risk alert” state—indicating all pressure valves (downward trend + rising volatility + biased fund flows) were simultaneously activated. The current reading of 73 still falls within the “high” zone.
Historically, when this index exceeds 90, it often coincides with local price bottoms. If under renewed pressure, the LSI surpasses 80 again, it would signal the continuation of a waterfall decline.
Both indicators together paint a picture: the fund flow index is at an extreme low, while the partial pressure index is at a peak. This precisely characterizes a market “surrender”—when pressure reaches its limit, the market begins to absorb liquidity shocks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC breaks through 73000 USDT, with a 24-hour increase of 0.48%
Gate News message: On April 11, according to a certain CEX price feed, BTC broke through 73,000 USDT, and is currently quoted at 73,024.4 USDT, up 0.48% over the past 24 hours.
GateNews47m ago
Bitcoin Price Update: BTC Jumps to $72,400 After March Inflation Comes in Softer Than Expected
Bitcoin moved from $72,000 to $72,400 on April 10 after March core CPI printed below expectations, giving crypto bulls a short-lived reprieve from months of sustained macro pressure.
Summary
March core CPI rose just 0.2%, below the 0.3% consensus forecast, while headline CPI climbed 0.9% on
Cryptonews1h ago
BlackRock withdrew 2,700 BTC and 30k ETH from a certain CEX
Gate News message: On April 11, according to monitoring by Onchain Lens, BlackRock withdrew 2,700 BTC (worth $196.87 million) and 30,000 ETH (worth $67.42 million) from a certain CEX.
GateNews1h ago
This 'Space Invaders' Clone Game Pays Real Bitcoin—If You're Skilled, Lucky or Rich
In brief
A new game based on the arcade classic Space Invaders will let one person earn a real Bitcoin reward.
To claim the reward ,they must destroy 10,000 BTC worth of transactions that mirror actual activity on the blockchain.
The winner will earn a 10,000 sats bounty, valued
Decrypt2h ago
DWF Labs co-founder: The current market is boring but it hasn’t gone away—there are still plenty of opportunities for builders and investors
DWF Labs co-founder Andrei Grachev said the market is currently in a “very boring” phase, with genuinely valuable activity taking place quietly. He advised investors to stay patient, wait for better timing, and noted that retail investors should respond rationally to market volatility—continue learning and staying engaged.
GateNews3h ago
BTC analyst Killa: By comparing historical cycles, BTC could see another round of downside before it establishes a true bottom
Gate News message, on April 11, BTC analyst Killa posted that when comparing all prior Bitcoin cycles, each cycle includes a final selloff that ends with a capitulation-style bottom. In this cycle, the time when the peak occurred was earlier than in previous cycles. Killa noted that if history repeats itself, BTC may still see another wave of declines before a true bottom is established.
GateNews3h ago
