Bitcoin (BTC) market sentiment began to improve as stock investors reconsidered selling.
Key Points:
-
After a month of seller dominance, bitcoin flows are finally reaching positive numbers.
-
Analyzes show that “aggressive” selling pressure is weakening at current price levels.
-
Crypto Fear & Greed Index hits record lows despite BTC price stabilization.
Bitcoin trades eye with ‘early signs of stabilization’
New insights from the onchain analytics platform CryptoQuant published on Thursday show that net customer flow turned positive for the first time in a month.
“Bitcoin market sentiment is showing early signs of stabilization, and Binance’s 7-day Net Taker Flow reflects this change when viewed in the proper macro context,” concluded the Crazzyblockk contributor in one of his “Quicktake” blog posts.
This indicator, expressed as the difference between market buy orders and market sell orders, has been deeply negative since mid-January.
“After reaching total net sales of almost -$4.9 billion in early February, Binance’s 7-day follower flow has been steadily increasing and has increased to approximately +$0.32 billion,” Crazzyblockk continued.
“The sentiment index rose from around -3% back to the positive territory, signaling a marked decline in selling aggression.”
The post added that this phenomenon was perceptible on major exchanges, yet Binance showed “a stronger change in net buying pressure than on other exchanges.”
The change comes as BTC price action tries to stabilize around 20% above recent 15-month lows near $59,000.
However, as Cointelegraph reported, market participants see a risk of stagnation below $69,000 – a key resistance level since the peak of Bitcoin’s 2021 bull run.
Crypto is seeing more “extreme greed” than ever
Meanwhile, the split between exchanges continues to be perceptible through the Coinbase Premium Index.
Related: BTC Traders Wait for $50,000 Low: Five Things to Know About Bitcoin This Week
This indicator measures the price difference between Coinbase’s BTC/USD and Binance’s BTC/USDT pairs, and has been almost entirely red since the middle of last month.
The negative premium indicates lower spot demand in the US compared to Asia, and CryptoQuant’s latest data confirms that the status quo remains despite BTC’s moderate price rebound.
Commenting, trading firm QCP Capital described the premium cut as suggesting “moderate spot selling pressure from the US.”
QCP tempered enthusiasm by referring to “extreme fear” signals from its crypto market sentiment indicator, the Cryptocurrency fear and greed index.
“That said, sentiment remains fragile and the Crypto Fear & Greed Index remains deep in extreme fear territory at 9, which is less ‘all clear’ and more ‘thin ice that happens to be holding,’” it said in its latest “The color of Asia” market update on Wednesday.
Since then, the index has dropped to just 5/100, one of the lowest scores on record.
🚨 TODAY: Crypto Fear & Greed Index drops to 5 Extreme Fear, lowest level ever. pic.twitter.com/30srOiR5Ak
— Cointelegraph (@Cointelegraph) February 12, 2026
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide correct and up-to-date information, Cointelegraph does not guarantee the accuracy, completeness or reliability of any information contained in this article. This article may contain forward-looking statements that involve risks and uncertainties. Cointelegraph is not liable for any loss or damage arising from your reliance on this information.
