It has a critical importance for understanding investor sensitivity in crypto currency markets and making successful investment decisions. Binance Altcoin Netflow Heatmap offers important clues about the direction of the market by visualizing investors’ purchase and sale trends. According to Joao Wedson, CEO of Alphractal, this vehicle improves strategic investment processes by making analysts make more conscious decisions.
Analyst examined the Altcoin maps: Here is the result!
Alphractal’s CEO Joao Wedson announced that Binance Altcoin Netflow Heatmap offers a powerful tool to analyze investor sensitivity in the market. This tool helps to better understand the market movements by visualizing the entrances and exits of Altcoins on Binance. This system, which is an important indicator for analysts, enables to make investment decisions more consciously.
The red color on the map shows that more subcoin comes out of Binance and that investors accumulate these assets by pulling them out of the stock market. This means that investors have expectations that these coins will gain value and are often considered as a signal of rise. Altcoins showing this bull signal include popular crypto currencies such as enj, fet, hot, alice, 1Inch, MKR, AMP, LINK, ETH, BNT, Dodo, GHST and BTC.
The green color shows that there are more Altcoin entrances to Binance, which often says that investors tend to sell. If the inputs for a particular subcoin are more than the outlets, this may indicate that sales pressure on that asset has increased. Altcoins showing this bear signal include Crypto coins such as MATIC (POL), ERN, ANKR, CHZ, ENS, ALCX, VGX, JASMY, UNI, Agld, Blz, SKL, AXS, QNT, COMP and BAT.
What does the data mean?
These graphics help analysts to understand which subcoins see positive investor interest (more exit, bull signal) and which of them are under pressure pressure (more entry, bear signal). Thus, investment strategies can be shaped more precisely and consciously.
In addition, the word cloud feature emphasizes the most entry into Binance by emphasizing the subcoins that enables to see the assets of the investor. Investors can follow market movements and make more strategic analyzes using this tool.
