📊 Altcoin leverage is still sitting below its risk threshold.
When the share of altcoin open interest gets within a few percentage points of Bitcoin’s, the market has historically shown signs of overheating. That condition is not currently present, suggesting leverage across altcoins remains relatively controlled.
👉 This leaves room for altcoins to potentially move higher if demand continues and leverage remains manageable. 📈
$DOGE
$ZEC
$NEAR
#BTCBreaks80K #BuffettBecomesBerkshireChairmanEmeritus #HYPEJumpsOver11% #ZcashDevelopersTargetNU7MainnetActivationNov5 #BOJHikesRatesTo31YearHigh
When the share of altcoin open interest gets within a few percentage points of Bitcoin’s, the market has historically shown signs of overheating. That condition is not currently present, suggesting leverage across altcoins remains relatively controlled.
👉 This leaves room for altcoins to potentially move higher if demand continues and leverage remains manageable. 📈
$DOGE
$ZEC
$NEAR
#BTCBreaks80K #BuffettBecomesBerkshireChairmanEmeritus #HYPEJumpsOver11% #ZcashDevelopersTargetNU7MainnetActivationNov5 #BOJHikesRatesTo31YearHigh
