The crypto market is showing signs of concern with the increasing leverage ratio of Ethereum (ETH) at the end of July 2024. This increase reflects a significant increase in leverage in the market.

Open Interest (OI) for Bitcoin (BTC) has also increased since mid-March, while ETH saw an increase in OI in early June.

Despite market volatility, investor interest in BTC remains strong, providing hope for stability and potential price increases in the future.

ETH appears to be following in BTC's footsteps, with increased trading activity and continued investor interest.