📊 TECHNICAL ATTENTION! Bitcoin's 'Open Interest' Surpasses Record Leverage, Indicating an Imminent Purge 📊
Serious Market Report: The value of Open Interest (OI) in Bitcoin futures contracts has reached a new historical maximum, surpassing the levels seen at the peaks of 2021. This dramatic increase is due to excessive leverage by traders, with a large number of long positions concentrated just above key support levels.
Trading analysts point out that this market structure is extremely fragile. A slight downward correction could trigger a cascade of liquidations that would drag the price of BTC in a "purge event" of 15% or more, resetting leverage to healthy levels. Volatility is imminent.
⚠️ RISK MANAGEMENT! Have you moved your stops to protect your capital from the impending leverage purge? At what price do you think the market needs to "cleanse" to continue growing?
#BTC #BTC走势分析 #BinanceBlockchainWeek #cryptouniverseofficial #FOMCWatch
