PANews reported on April 28 that, according to on-chain analyst Axel Adler Jr (@AxelAdlerJr), the Bitcoin Inter-Exchange Flow Pulse has surged 136% from its March lows, and the 7-day moving average has crossed above the 30-day moving average for the first time in several months. The flow mechanism is shifting back to a risk-on mode, but one indicator has yet to provide confirmation.