🚨 BITCOIN JUST FLUSHED LEVERAGE.
Wall Street is preparing to offer 3X more.
That may be tonight’s most interesting contrast.
Yesterday:
₿ BTC → ~$87.1K
Today:
₿ BTC → back near ~$84.5K
Over the last 24H:
💥 Crypto liquidations → ~$433.6M
🔴 Long liquidations → ~$321.8M
📊 Longs → ~74% of total
In other words:
BTC failed to hold $87K,
and leveraged longs paid the price.
But on the same day:
🏛️ The SEC approved Cboe BZX
to list new 3X ETPs,
including:
₿ 3X BITCOIN
Ξ 3X ETHER
That creates an interesting question.
The market just reminded everyone:
LEVERAGE CUTS BOTH WAYS.
Yet traditional finance is getting
more leveraged ways to access crypto.
ETFs expanded ACCESS.
3X products expand LEVERAGE.
Does the next phase also bring:
MORE VOLATILITY?
Now I’m watching:
₿ BTC reclaiming $85K
📈 Another test of $87K
💥 Leverage rebuilding
💰 The next completed ETF flow
👇 Your take?
MORE ACCESS = MORE CAPITAL 🟢
or
MORE LEVERAGE = MORE VOLATILITY 🔴?
#BTC #ETH #BNB