🚨 THIS IS WHY ALTCOINS ARE BLEEDING
Everyone’s confused, so here’s the real story.
This isn’t about retail “disappearing.”
And it’s not random.
👉 The pressure is coming from leverage & funding.
Over the past few weeks, altcoin funding rates flipped heavily positive, which means: • Too many longs
• Too much leverage
• Overcrowded positioning
When leverage stacks up like this, bad news isn’t needed.
A small dip is enough.
That dip triggers liquidations → price drops further → stops get hit → late spot selling → forced selling takes control.
Then the cycle repeats.
That’s exactly what we’re seeing now.
📊 The data confirms it: • Open interest is falling
• Longs are getting wiped out
• Spot buyers are absent
Excess leverage is being flushed.
⚠️ And here’s what most miss: this is healthy.
Sustainable rallies don’t start when everyone is already long.
Markets need leverage reset before real upside can continue.
