Open interest has spiked again, with leveraged longs piling in across major exchanges. Roughly $2 billion in positions sit on the edge right now meaning if BTC dips just 2.5% toward $98.5K, we could see a sharp liquidation cascade sweep through the market.
Sentiment flipped fast this week traders are chasing upside momentum while ignoring how heavy leverage has gotten. A small move down could trigger a quick flush before the next leg higher.
Stay sharp. When retail gets confident, volatility usually isn’t far behind. $BTC #Bitcoin
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🚨 Retail traders are back in risk mode.
Open interest has spiked again, with leveraged longs piling in across major exchanges. Roughly $2 billion in positions sit on the edge right now meaning if BTC dips just 2.5% toward $98.5K, we could see a sharp liquidation cascade sweep through the market.
Sentiment flipped fast this week traders are chasing upside momentum while ignoring how heavy leverage has gotten. A small move down could trigger a quick flush before the next leg higher.
Stay sharp. When retail gets confident, volatility usually isn’t far behind.
$BTC #Bitcoin