Cryptocurrency analysis firm Alphractal has issued a warning about potential price declines for two major altcoins, highlighting insights from Bitfinex leveraged position data. 🧠The firm’s assessment emphasizes the importance of analyzing these often-overlooked market indicators to gain an accurate understanding of price direction. 📈 According to Alphractal, increasing long positions on Bitfinex tend to signal a price decline while decreasing long positions are associated with potential price increases. 📉 The firm’s analysis suggests that investors may frequently misinterpret market direction, leading to liquidations and price fluctuations in the opposite direction. 🤔 Further insights into the company’s findings show that significant long position liquidations have been observed for ADA and LINK, while the highest liquidation risk currently lies in short positions. 📉 Alphractal also emphasizes the general trend of local bottoms forming when substantial positions are liquidated across the cryptocurrency market. This warning is not to be taken as financial advice. Read more below about the firm’s detailed insights.