🚀 Bitcoin traders are ramping up the risk! The estimated leverage ratio has soared to 0.2060, the highest since October 2023, signaling a renewed appetite for high-stakes trading. This uptick follows a period of cautious consolidation and could inject volatility into the market. 📈

Key level to watch: $58,500. High-leverage liquidity is concentrated here, meaning we could see significant price swings as BTC approaches this mark.

What do you think? Are we in for a wild ride? Share your thoughts below! #Bitcoin #CryptoTrading #MarketAnalysis