Leveraged Traders' Sentiment is an incredibly powerful metric that explains why most traders fail with leverage. Essentially, when Long positions start increasing on exchanges, Bitcoin's price tends to drop, and the reverse is also true—when the metric starts to decrease, the price goes up. The derivatives market currently has the most significant influence on Bitcoin's price action, as the derivatives volume across all exchanges can exceed 16 times the traded value in spot trades.

🎯Mastering these metrics elevates you to an Alpha level in trading!

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