Bitcoin leverage is rising fast, with Taker Buy/Sell Ratios and Open Interest surging. Concerns arise over potential macroeconomic triggers for a 20% liquidation akin to April. Despite BTC’s 7% weekly gain, volatility persists due to three key catalysts. Market sentiment remains cautious ahead of crucial U.S. economic reports. Traders are betting on a breakout above $110K, with leverage building and speculative flows driving the rally.
Read more@