BinaryX [Old] (BNX)

Altcoins Are Splitting Into Two Extremes

🔻 Lowest Long/Short Ratio
Lower positioning and reduced long exposure
BNX — 0.24
EDGE — 0.32
NIGHT — 0.35
OPN — 0.36
ESP — 0.36
BERA — 0.41
LA — 0.41
ENSO — 0.42
SIGN — 0.43
RESOLV — 0.43

🔺 Highest Long/Short Ratio
Crowded longs and elevated liquidation risk
COAI — 5.70
ZEREBRO — 5.17
CHILLGUY — 4.69
MAVIA — 3.98
SCR — 3.95
XAG — 3.93
TST — 3.45
FIGHT — 3.30
TSLA — 3.27
AKE — 3.25

Positioning is becoming increasingly asymmetric.
Crowded longs tend to create fragility.
Low positioning often reflects lack of conviction.
Both sides matter.

https://t.co/l8TtTMdNmr

binary was originally binary options, and funds were raised with the story of binary options. Binary options are not options but a casino project. Because it was too violent, even online casinos banned this project. Later, when this project saw that blockchain games were popular, it suddenly became a blockchain game. It's like Binance's godfather, if Binance tells it to close deposits and withdrawals, it closes deposits and withdrawals, closes deposits to pump the price. Then this coin was invalidated once and replaced with another coin. The current BNX is no longer the old BNX. It's just that Binance's K-line has always been the same, making it seem like the same project when looking at the K-line. Now, seeing the king of meme coins on #bsc, @bnbfour, emerge, it's trying to snatch the name 'four' again! It wants to steal the fruits of the revolution during the window period before CZ comes out!!