BTC and ETH have not shown signs of breaking their bullish structure. But both are still below their most recent highs after a strong move higher.
While the market is consolidating, a new layer of 3x leveraged products has entered the picture.
It does not create a trend.
If BTC and ETH continue to extend their trends, 3x can amplify participation.
If the market reverses, that same mechanism can make the risk show up faster.
3x does not make the market easier to profit from.
It simply makes the trend — right or wrong — get priced in faster.

BTC
83,170.05
+0.79%

ETH
2,505.99
-0.29%