{"id":49589,"date":"2025-09-25T20:46:40","date_gmt":"2025-09-25T20:46:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49589"},"modified":"2025-09-25T20:46:40","modified_gmt":"2025-09-25T20:46:40","slug":"bitcoin-market-shifts-into-hodl-mode-as-cex-flows-cool-down-details","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49589","title":{"rendered":"Bitcoin Market Shifts Into HODL Mode As CEX Flows Cool Down \u2013 Details"},"content":{"rendered":"<div>\n<p>Bitcoin is facing renewed selling pressure, but so far, bears are struggling to push the price below the key $110,000 support. This level has emerged as a critical battleground for the market, with investors closely watching whether bulls can maintain control. Despite the broader volatility, Bitcoin\u2019s resilience here is fueling speculation that once the current wave of selling pressure fades, BTC could be poised for another surge.<\/p>\n<p>Fear is creeping in as traders weigh the risks of further corrections. Despite this, optimism lingers that Bitcoin\u2019s underlying demand remains strong enough to sustain higher levels in the long run.<\/p>\n<p>Top analyst Axel Adler shared fresh insights that may tilt the balance toward the bullish side. According to Adler, if we \u201cremove the noise,\u201d the centralized exchange (CEX) market currently looks cooled down when viewed through exchange flows. Gross <a href=\"https:\/\/bitcoinist.com\/ethereum-accumulation-addresses-2-9k-realized-price\/\" target=\"_blank\" rel=\"noopener \">activity<\/a> has dropped sharply from earlier peaks, suggesting fewer speculative moves and pointing toward what he describes as \u201cHODL mode.\u201d This cooling effect could limit downside risks while setting the stage for accumulation-driven momentum.<\/p>\n<h2>Bitcoin Exchange Flows Show Signs of Accumulation<\/h2>\n<p>According to Adler, Bitcoin\u2019s current exchange <a href=\"https:\/\/x.com\/AxelAdlerJr\/status\/1971101669799686316\" target=\"_blank\" rel=\"noopener nofollow\">dynamics<\/a> highlight a significant shift in market behavior. Flow Activity Pressure now stands at 9, which places it in the lower zone. This reading indicates that overall flow activity is subdued, signaling reduced speculative movements on centralized exchanges. Adler explains that the current average Gross flow (Inflow + Outflow) is 70,000 BTC, a dramatic reduction compared to the 266,000 BTC peak recorded in March 2024. This stark decline reflects a market environment that is quieter and more accumulation-driven, rather than dominated by heavy trading activity.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-589421 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/btc_6cfe47.jpeg?resize=980%2C551\" alt=\"Bitcoin CEX Net Flow 30D Z-Score | Source: Axel Adler\" width=\"980\" height=\"551\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/btc_6cfe47.jpeg?w=1200 1200w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/btc_6cfe47.jpeg?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/btc_6cfe47.jpeg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/btc_6cfe47.jpeg?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/btc_6cfe47.jpeg?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/btc_6cfe47.jpeg?w=1140 1140w\" sizes=\"(max-width: 980px) 100vw, 980px\"><\/p>\n<p>In addition, Adler points to the Net Flow 30D Z-Score of \u22120.7, which shows a moderate bias toward purchases relative to the annual baseline. This means that the coins entering exchanges are largely being absorbed, with demand effectively consuming the available supply. Adler emphasizes that \u201ceverything that comes to exchanges gets bought up,\u201d while reserves continue to be spent to satisfy this steady appetite from buyers.<\/p>\n<p>This type of activity often signals underlying strength in Bitcoin\u2019s structure. While short-term volatility remains a concern, the reduced flow activity and steady absorption of supply hint at an accumulation phase. In the bigger picture, this dynamic supports the thesis that BTC is preparing for continuation once market sentiment shifts back in favor of buyers.<\/p>\n<h2>Technical Details: Testing Key Support<\/h2>\n<p>Bitcoin (BTC) continues to battle selling pressure, with the price currently hovering around $111,802. The 12-hour chart shows BTC pressing against a critical support zone, just above $111K, which has held multiple times over the past few months. A breakdown below this level could expose the market to deeper corrections toward the psychological $110K mark or even the 200-day moving average near $105K.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-589433 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?resize=965%2C660\" alt=\"BTC consolidate sabove $110K | Source: BTCUSDT chart on TradingView\" width=\"965\" height=\"660\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?w=2030 2030w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?w=614 614w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?w=965 965w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-25_06-32-02.png?w=1140 1140w\" sizes=\"auto, (max-width: 965px) 100vw, 965px\"><\/p>\n<p>The moving averages are reflecting mixed momentum. The 50-SMA is rolling over, signaling near-term weakness, while the 100-SMA and 200-SMA remain below the current price, still reflecting longer-term bullish structure. For now, this suggests that while bears are pressing hard, bulls have not fully lost control.<\/p>\n<p>On the resistance side, BTC continues to face a ceiling near $118,000, a level it failed to break on multiple attempts over the summer. Only a decisive breakout above this area would confirm renewed bullish momentum.<\/p>\n<p>In the short term, volatility is expected to remain elevated as traders test the durability of this support zone. Holding above $111K would reinforce the bullish case, while a break lower risks shifting sentiment toward a more extended correction.<\/p>\n<p>Featured image from Dall-E, chart from TradingView<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is facing renewed selling pressure, but so far, bears are struggling to push the price below the key $110,000 support. This level has emerged as a critical battleground for the market, with investors closely watching whether bulls can maintain control. Despite the broader volatility, Bitcoin\u2019s resilience here is fueling speculation that once the current [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-49589","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49589"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49589\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}