Bithumb unveils 'Rise Signal' service based on predictive analysis

Bithumb announced on the 18th that it will offer a predictive 'Rise Signal' service for those considering the timing of virtual asset (cryptocurrency) investments.

'Rise Signal' is a service that provides real-time analysis and information on assets showing rise signals in four indicators—△market price △trading volume △average order volume △buying pressure inflow—using Bithumb's proprietary algorithm.

According to Bithumb's internal testing, the average prediction accuracy rate of the Rise Signal reached 79%. This prediction accuracy rate refers to the probability of the relevant indicator rising by more than 1% within 12 hours. In detail: sudden price rise, 85%; trading surge, 80%; average order volume surge, 73%; buying pressure inflow, 78% accuracy.

The Rise Signal service is available on Bithumb's KRW market. Assets with detected rise signals are marked with a flame icon next to the asset name on the exchange asset list screen. By choosing the Rise Signal theme, users can filter and check only the assets with detected signals and enable notifications to receive real-time alerts.

In addition, Bithumb's official real-time alert Telegram channel is now newly operated. This channel automatically detects key signals such as price surges/drops, large transactions, sharp increases in buying/selling pressure, and assets with the so-called Kimchi Premium, delivering real-time updates about market trends that investors might otherwise miss.

A Bithumb official stated, "The Rise Signal and real-time alert channels are tools to provide investors with timely information, enabling more agile investment decisions," adding, "We will continue to enhance various convenience and support features so our customers can make judicious investment decisions based on data."