BTC Estimated Leverage + Funding Rates

BTC-Estimated-Leverage-Funding-Rates

Finally, we have a sane cooling of funding rates and leverage. It was essential to see a significant cooling of the leverage level. Since organic, sustainable growth is impossible due to the excessive level of leverage, traders, with their excessive greed, only interfere with the growth of BTC at such high margin levels.

I agree with Jan Wuestenfeld that BTC is now showing a complete correlation with the US stock market. And if the community wants to believe in the thesis that BTC should be a haven, then the very development of events should be different. In the meantime, BTC only confirms that it is an exchange-traded risky asset, identical to traditional risky assets. And risky assets love soft financial policy, and when there are only hints that it will not exist and it is already being cut, such assets fall.

Now we need to wait for the complete stabilization of the BTC price action as it should be.