#MarketPullback Interpretation & Risks
The numbers suggest high leverage across derivatives markets right now. Many long (bullish) bets are being forced closed.
These liquidation waves can amplify downward price moves because forced selling tends to cascade.
Even if not all liquidations are happening today, the market seems primed for more if key support breaks — especially if sentiment stays weak.
For traders: this is a very risky environment for using high leverage.

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