Analytics Firm Reveals Bullish Altcoins with Many Long Accumulations and Bearish Altcoins with Short Accumulations

Cryptocurrency analysis platform Alphractal has released a new analysis that evaluates the current position distribution and price pressures in the market.

According to the report, the real-time Long/Short ratio reflects the instantaneous long (buy) and short (sell) position behaviors on the stock exchanges. This ratio stands out as a strong indicator in terms of understanding the pressures of investors on the market.

Alphractal describes the current situation as “an ongoing war in the crypto market.” A significant portion of the market is controlled by long positions, while another portion is under the influence of short positions. In particular, when evaluated based on funding rates, the cryptocurrency called MAGIC draws attention with its extremely negative funding rate. This shows that MAGIC is heavily supported by long-term transactions.

Among the top 100 cryptocurrencies, BTC, ETH, BNB, and XRP are in positions that slightly support the long trend, while FET, MOVE, and OM stand out with negative funding rates. This indicates that short positions may have accumulated in these assets.

In this context, Bitcoin (BTC) is in the “bullish” scenario, where long positions are increasing and the price is rising. In contrast, TRX and TON are in the “bearish” zone, where short positions are increasing and the price is falling.

Many other altcoins paint a more complex picture: situations where prices fall while long positions increase, or prices rise while short positions increase, indicating increasing uncertainty in the market and the need for careful strategies.

*This is not investment advice.