$BTC $ETH
According to Odaily, the crypto market is currently undergoing a major deleveraging phase, increasing risks for traders holding highly leveraged positions.
Ethereum’s open interest has dropped by nearly 50%, reflecting a sharp unwinding of leveraged funds and a rapid decline in speculative capital.
Meanwhile, Bitcoin is approaching a critical support level near $93,000. If price continues to weaken, short-term liquidity could become more fragile, potentially triggering further downside.
The heavily crowded long futures positions from Q4 have mostly been flushed out — temporarily easing leverage pressure. However, attention now shifts toward ETF holdings, which are still relatively concentrated. If market weakness persists, additional position reductions could occur, leading to new liquidity stress.
#ADPJobsSurge #BinanceHODLerMMT
#PrivacyCoinSurge #BTC #etf
🔎 Summary
🟠 Leverage rapidly decreasing across markets
🔻 ETH open interest down 50%
⚠ BTC nearing key support at $93K
📉 ETF holders may also reduce exposure if weakness continues
