$BTC #Tradersleague Open Interest for #Bitcoin (#BTC) and #Ethereum (#ETH) is currently at or close to an All-Time High, which could signal a potential crash or liquidation event.

As a result, it's wise to be cautious with long positions, especially avoiding leverage.

While the long-term fundamentals for both BTC and ETH remain stable, we can expect ongoing volatility driven by news headlines that influence market sentiment. It's essential to monitor key support and resistance levels—avoid getting caught in leverage traps during this turbulent period.

In the short term, a risk-off sentiment is prevailing, as geopolitical events have led to significant drawdowns for BTC and ETH. Over $1 billion in liquidations highlight the extent of market leverage. Although social sentiment is unsettled and technical indicators show oversold conditions, buyers remain hesitant as ETF flows have turned negative.

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