SignalQuant
๐Current crypto market is like โsqueeze water out of a dry towelโ
โEstimated leverage ratioโ 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 โwhale ratioโ, 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.