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BitcoinSistemi 2025-05-23 17:49:07

Analysis Firm Warns: “Something Unusual Is Going On With This Altcoin’s Data”

Analysis Firm Warns: “Something Unusual Is Going On With This Altcoin’s Data”

Cryptocurrency analysis company Alphractal made some noteworthy observations about the Binance Coin (BNB) and Bitcoin ETF markets in its latest market assessment. According to the company's analysis, whales' interest in short positions, especially on the BNB side, is increasing more than individual investors. This stands out as an important dynamic that distinguishes BNB from other altcoins. Alphractal also said that the buying pressure on BNB has decreased significantly compared to last week, arguing that this sets the stage for aggressive short-term volatility. Related News: Bad News from the US Treasury Secretary Regarding the US Sovereign Wealth Fund, Which Was Reportedly Planning to Purchase Bitcoin Too The company’s report also noted that the Bitcoin ETF Fund Index has not yet reached its all-time high. It was stated that this situation shows that there is still room for growth in this segment despite the recent strong movements in the market. However, according to Alphractal, this level can also act as a local resistance point in the short term. It is especially reminded that the main resistance zone on a macro scale is in the range of $ 113,000–114,000. *This is not investment advice. Continue Reading: Analysis Firm Warns: “Something Unusual Is Going On With This Altcoin’s Data”

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