The derivatives market is once again showing significant strain after a 6% drop in Ethereum, leaving long positions worth approximately $1.35 billion clearly vulnerable. This imbalance compared with short positions exposes the current fragility of leverage in major altcoins. What should you watch? Critical support levels and funding rates on exchanges to anticipate potential liquidation cascades. Risk management remains key in this environment. 📉⚡️ #Ethereum #CryptoTrading #Derivatives $ETH $BTC