#BNBBhutanReserves
The current bull market presents a unique challenge for traders, as the pace of growth accelerates, drawing in a surge of new participants. One key factor contributing to the heightened volatility is the influx of traders using high leverage, outnumbering those engaged in traditional spot trading. This trend, fueled by the optimism surrounding a potential "altseason," has led many traders to open high-leverage long positions, expecting significant price moves.
However, this eagerness to capitalize on upward momentum often results in brutal market corrections. As the market rises, those who have entered high-leverage positions may find themselves caught off guard when sudden drops occur. When these positions get liquidated, it triggers sharp and swift pullbacks in the market, exacerbating the volatility and creating an environment where caution is crucial.