{"id":26089,"date":"2025-08-14T15:59:59","date_gmt":"2025-08-14T12:59:59","guid":{"rendered":"https:\/\/forklog.com\/en\/brn-analyst-warns-of-impending-volatility\/"},"modified":"2025-08-14T15:59:59","modified_gmt":"2025-08-14T12:59:59","slug":"brn-analyst-warns-of-impending-volatility","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/brn-analyst-warns-of-impending-volatility\/","title":{"rendered":"BRN Analyst Warns of Impending Volatility"},"content":{"rendered":"<p>Timothy Misir, head of research at BRN, has cautioned about the risks associated with record leverage in altcoins, as reported by <a href=\"https:\/\/www.theblock.co\/post\/366910\/altcoins-open-interest-market\">The Block<\/a>.<\/p>\n<p>The expert noted that open interest (OI) in leading alternatives to Bitcoin has reached an all-time high due to an influx of speculative capital. Meanwhile, implied volatility remains low. According to him, such a combination often precedes sharp price swings.<\/p>\n<p>Glassnode analysts confirmed that OI in altcoins has hit a record $47 billion. This figure enhances both the potential for market growth and decline.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Open interest across major <a href=\"https:\/\/twitter.com\/hashtag\/altcoins?src=hash&#038;ref_src=twsrc%5Etfw\">#altcoins<\/a> has surged to an all-time high of $47B. This concentration of leverage elevates reflexivity, amplifying both upside and downside price reactions and increasing fragility in market structure. <a href=\"https:\/\/t.co\/GwJp8dsjBp\">pic.twitter.com\/GwJp8dsjBp<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1955663639211348073?ref_src=twsrc%5Etfw\">August 13, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Open interest in Ethereum options has also approached annual highs at $16.1 billion.<\/p>\n<p>Spot ETFs have driven Ethereum&#8217;s rise <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-nears-its-all-time-high-after-testing-4700\">to $4700<\/a>. The net inflow over the past day amounted to $729 million, the second-largest daily figure.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXe1NnO41u6yGYl-obAAl5wJfVt4lJz2HNLAYRuH5tN8dLBm-9SEqXDfwXzQz1KpR0q5bf6n7qoq1TQV2iPNfLXOa2ATzRO0Ut9ndV1OMk-790uXAx3vXxeqwKpOX9LSRo5cfJpZXg?key=59H9QNRPnyt1ZVsEQGEkjQ\" alt=\"BRN Analyst Warns of Impending Volatility\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\">SoSoValue<\/a>.<\/figcaption><\/figure>\n<p>For Bitcoin, the key support level is $120,000 \u2014 the cost basis for short-term holders, Misir noted. He added that investors who recently acquired the asset did not sell during the recent drop to $112,000.<\/p>\n<p>According to the analyst, stabilizing the price around $120,000 creates conditions for a new rally <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-hits-a-record-above-124000\">above the all-time high of $124,128<\/a>. The next target could be the $144,000 level.<\/p>\n<p>At the time of writing, the market is experiencing a correction \u2014 Bitcoin is already trading around $118,720.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"659\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2025-08-14_15-57-11_e0407-1-1024x659.png\" alt=\"BTCUSDT_2025-08-14_15-57-11_e0407 (1)\" class=\"wp-image-263929\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2025-08-14_15-57-11_e0407-1-1024x659.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2025-08-14_15-57-11_e0407-1-300x193.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2025-08-14_15-57-11_e0407-1-768x495.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSDT_2025-08-14_15-57-11_e0407-1.png 1500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">30-minute BTC\/USDT chart on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/symbols\/BTCUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">August 14, 2025 | 16:23<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Glassnode analysts noted the resilience of Bitcoin&#8217;s key on-chain indicator \u2014 MVRV. Despite price declines, the aggregate unrealized profit of holders remains above the average value.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">An age-weighted unrealized profitability (MVRV) composite for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> has held above its mean through recent drawdowns. This suggests sustained profitability across cohorts and minimal capitulation pressure, reinforcing a constructive backdrop for trend continuation. <a href=\"https:\/\/t.co\/tWnbHY8Rgk\">pic.twitter.com\/tWnbHY8Rgk<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1955980727323124138?ref_src=twsrc%5Etfw\">August 14, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to them, this indicates sustained profitability among various investor groups, with minimal pressure from market participants &#8220;capitulating.&#8221;<\/p>\n<p>Glassnode believes this situation creates conditions for the continuation of the upward trend.<\/p>\n<\/div>\n<p>Earlier, inflows into Ethereum ETFs <a href=\"https:\/\/forklog.com\/en\/news\/ether-etf-inflows-outstrip-issuance-since-the-merge\">exceeded<\/a> the issuance of new coins following The Merge. Spot ETFs in the US attracted $2.45 billion over the month, equivalent to approximately 500,000 ETH.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Timothy Misir, head of research at BRN, has cautioned about the risks associated with record leverage in altcoins, as reported by The Block. The expert noted that open interest (OI) in leading alternatives to Bitcoin has reached an all-time high due to an influx of speculative capital. Meanwhile, implied volatility remains low. According to him, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1138,984],"class_list":["post-26089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-opinions","tag-volatility"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26089"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26088"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}