Looking at the chart of Bitcoin (BTC) price and estimated leverage ratio, it is clear that recently the price has been stable at high levels, and the leverage ratio is also stable. This suggests that the market is avoiding extreme risks and engaging in balanced trading.
The leverage ratio hovering around the 2020 baseline further confirms the market’s stability. Based on this data, it can be said that the current Bitcoin market is like a calm sea, indicating a tranquil phase.
Written by nino
