Altcoins Crushed: The Hidden Leverage Trap 💥
Altcoins are getting wrecked, and it’s not about “weak hands.” It’s a systematic flush-out. Funding rates soared recently – meaning *too many* were betting long with *too much* leverage.
When everyone’s piled into the same trade, it doesn’t take much to trigger a cascade. A small dip = liquidations ➡️ forced selling ➡️ stop-loss hunts ➡️ full-blown panic. 📉
Right now, the data confirms it: open interest is collapsing, longs are being obliterated, and spot buying is… nowhere. This isn’t a crypto death spiral; it’s leverage being purged.
And here’s the key: this pain is *necessary*. Markets can’t sustainably rise when everyone’s already all-in. Strong trends are forged in fire, not built on euphoria. Smart money waits for this reset. $ETH $SUI $ZEC 🧠
#AltcoinSeason #DeFi #CryptoTrading #Leverage 🚀
