SignalQuant

📊Current crypto market is like ‘squeeze water out of a dry towel’

‘Estimated leverage ratio’ has recently risen sharply, hitting an all-time high again. Judging from the growth and pace of this indicator, it shows that traders are using high leverage at high risk in futures trading. And ‘whale ratio’, which represents the trend of top 10 inflow into all the exchanges, is also the highest ever. FYI, the price sharply went down every time this index came down from its peak. Therefore, we should wait and see until the estimated leverage ratio has corrected or the whale ratio has fallen sufficiently.