Bitcoin's Shocking Turnaround!!! The Pressure from Leverage is Easing
The leverage pressure in the Bitcoin market is easing. The open interest of BTC-USDT futures has decreased by 7% from its peak, while at the same time, the USDT balance on exchanges has surged by 32% in the past month.
If these newly added USDT are used for futures trading margins, it will help reduce the risk of cascading liquidations in the market, thereby supporting the stability of the Bitcoin market. Such changes in liquidity indicate that the market is gradually recovering a healthy leverage structure.
As market risks ease, how should we respond to the upcoming trends? Perhaps this is a moment worth paying attention to. Follow the experts, and let's stay at the forefront of the market, digging deeper into more insider information!
