🚀Futures Market Pushes BTC Higher

🔎If we look at the leverage ratio in the market now, it can be interpreted as a sign of market overheating. However, depending on how we analyze it, the interpretation can be completely different. The increase in the leverage ratio in the USDT futures market can be seen as an indication that a futures-driven price surge is imminent. This is not a sign of overheating, but rather an indication that there is sufficient liquidity in the futures market. Similarly, before the October 2020 price surge, the USDT futures leverage ratio also reached new highs.