Altcoins to Watch: Binance Outflows Signal Bullish Momentum

Altcoins to Watch: Binance Outflows Signal Bullish Momentum
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Fresh data from binance/?utm_source=CVJ.Ai&utm_medium=glossary&utm_id=CVJ.AI" target="_blank">Binance’s Netflow metric highlights five altcoins experiencing significant outflows, signaling growing investor confidence. Meanwhile, other tokens face mounting selling pressure as market dynamics shift. Analysts suggest these movements could precede a major altseason in the coming months.

  • FET, AMP, and SNX show the most pronounced outflows on Binance, indicating strong buyer confidence and potential price upside.
  • Bitcoin dominance has broken its three-year uptrend, historically a precursor to capital rotating into altcoins.
  • The Altseason Index is at 65, suggesting strength but still below the 90+ readings typical of market tops.
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