📢Santiment flags 'excessive leverage,' not Trump tariffs, as the real catalyst behind the recent altcoin bloodbath.
📊On-chain data firm Santiment clarifies that while US-China trade tensions acted as a geopolitical trigger, the severe market correction was fundamentally driven by excessive leverage. The market saw a dangerous long-to-short ratio of nearly 7:1, creating a cascade of forced liquidations once key support levels broke. This massive deleveraging event magnified the selling pressure, proving that fragile market structure remains the primary risk. Traders should focus on risk management, as prolonged tensions combined with high leverage could intensify fears of Bitcoin dropping below the psychological $100k level.
