#Binance users are bullish on BTC.#

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Overview

According to the latest data from on-chain analyst Ali, 61.28% of all traders holding open BTC positions on the Binance platform are betting on a rise in Bitcoin. This data suggests that Binance users are optimistic about the future direction of BTC, believing that its price will rise.

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Analysis

According to on-chain analyst Ali's post on X, 61.28% of all traders holding BTC positions on Binance are betting on Bitcoin's rise. This data suggests that the majority of traders on Binance are bullish on BTC, believing that the price will increase. This phenomenon may be related to the recent market sentiment recovery and Bitcoin price fluctuations. However, it is important to note that market sentiment and trader behavior can change at any time, so this data does not necessarily represent the future direction of Bitcoin prices.

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Binance users are bullish on BTC

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Over 60% of Binance users are betting on BTC to rise

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Binance users have a high bullish sentiment towards BTC

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BTC price may rise

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