📊 Altcoin leverage remains dangerously elevated.
Despite the recent price pullback, more than 40% of large-cap altcoins are still near their highest leverage levels of the year. For mid-cap altcoins, that share has reached a yearly high.
⚠️ With leverage remaining elevated even as prices decline, a deeper correction could trigger liquidations and put heavily leveraged long positions at risk.
👉 Stay cautious. Until leverage cools down, further downside could bring increased volatility across the altcoin market.
$ETH $SOL $ZEC
Despite the recent price pullback, more than 40% of large-cap altcoins are still near their highest leverage levels of the year. For mid-cap altcoins, that share has reached a yearly high.
⚠️ With leverage remaining elevated even as prices decline, a deeper correction could trigger liquidations and put heavily leveraged long positions at risk.
👉 Stay cautious. Until leverage cools down, further downside could bring increased volatility across the altcoin market.
$ETH $SOL $ZEC