CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

BitcoinSistemi 2025-05-30 16:48:06

Analysis Firm Issues Local Bottom Warning for Two Major Altcoins

Cryptocurrency analysis firm Alphractal drew attention to Bitfinex leveraged position data in its latest assessment. The company stated that this data, which is often overlooked by investors, actually provides important clues about market direction. “When long positions increase on Bitfinex, the price usually decreases. When long positions decrease, the price usually increases,” Alphractal said. According to the analysis, investors often take wrong positions regarding the market direction, which causes liquidations and causes prices to move in the opposite direction. Related News: Critical Ethereum Report from JPMorgan: Can ETH Recover? Stating that long positions on Bitfinex are currently decreasing, Alphractal argued that the continuation of this trend could be a positive signal for prices. However, if long positions start to increase again, this could be a sign of a possible price decline. The company also announced that significant long position liquidations have occurred in ADA and LINK, while the highest liquidation potential is currently in short positions. It was also noted that in general, when large positions are liquidated in the cryptocurrency market, prices tend to form local bottoms. *This is not investment advice. Continue Reading: Analysis Firm Issues Local Bottom Warning for Two Major Altcoins

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约