Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Analytics Company Lays Out One Bearish, One Bullish Scenario for Bitcoin: “The Price Could Come to One of These Two Levels”

Cryptocurrency analytics firm Alphractal has released a critical update on Bitcoin’s leverage risks, sharing two potential price scenarios in the near term. According to Alphractal, Bitcoin can do one of the following: It may exceed $111,000 to liquidate short positions opened since December 2024. It may fall below $80,000 to liquidate long positions opened since November 2024. The company’s data shows that based on Total Liquidation Levels over the past six months, there are twice as many long positions that have not yet been liquidated as short positions, explaining why investors face greater losses during market declines than during price increases. Related News: BREAKING: Coinbase to List One of the Most Talked Altcoins of Recently According to the analyst firm, there is low liquidity and minimal trading activity in the $72,000 to $86,000 range, raising concerns about sudden price swings. Bitcoin’s open interest fell from $76 billion to $59 billion, signaling a waning appetite for leverage. Alphractal also noted that long positions on Bitfinex are rising again, a trend that has historically preceded price declines, especially post-2021. If this trend continues, Bitcoin could face downward pressure in the coming weeks, according to analysts. *This is not investment advice. Continue Reading: Analytics Company Lays Out One Bearish, One Bullish Scenario for Bitcoin: “The Price Could Come to One of These Two Levels” CoinTurk News

---

Binance traders send test token (TST) to the moon during live demo

A test token created by the BNB Chain team for a tutorial video unexpectedly became the center of a trading frenzy, reaching a market cap of $11.86 million at the press time. The TST token was originally developed for an instructional walkthrough on the Four.Meme platform , a memecoin launchpad on BNB Chain. However, its name was inadvertently revealed in a single frame of the tutorial video, leading traders to pile in, speculating on its potential value. ???? A tricky situation. A BNB Chain team member just told me this: "We did the step by step video education for launching meme token on https://t.co/74psayTeug platform. In this video, we launched a token named TST as the example. When we posted the education video yesterday,… https://t.co/lD77CaQDCj — CZ ???? BNB (@cz_binance) February 6, 2025 Unintended hype of TST token Binance co-founder Changpeng ‘CZ’ Zhao addressed the situation on X, noting that a BNB Chain team member initially removed the video after realizing the test token had been exposed. However, CZ directed the team to restore the video, making it clear that TST was purely for demonstration purposes and had no official backing from Binance or its team. At the time of CZ’s post, TST’s market cap was just $494,000, a fraction of the speculative heights it later reached. TST/USDT market cap. Source: Four.Meme platform He explicitly cautioned that the token was not an official project and held no inherent value beyond its role in the tutorial, stressing that his statement was not an endorsement but merely an acknowledgment of the situation. TST and the broader speculative trend in crypto The TST token saga serves as a clear example of the speculative frenzy surrounding memecoins, where even a test token with no intended value can experience extreme price swings fueled by hype and FOMO-driven trading. This was similar to the Unicorn Fart Dust (UFD) token, which was intentionally created as a satirical commentary on speculative crypto bubbles. Both instances highlight how memecoins, despite lacking fundamental utility, continue to attract traders eager to capitalize on short-term gains—often exposing them to low liquidity, rug pulls, and sudden price collapses. Featured image via Shutterstock The post Binance traders send test token (TST) to the moon during live demo appeared first on Finbold . CoinTurk News