$BTC The open interest volume of Bitcoin across the entire network has reached a record high, exceeding US$40 billion. This means that the level of leverage in the market has increased significantly, and every time the position reaches a peak, the main force usually carries out large-scale liquidation operations, causing violent price fluctuations. Therefore, the risk of Bitcoin longs being liquidated is increasing.

Currently, the market performance of Ethereum ($ETH ) and Solana ($SOL ) is relatively stable. In contrast, how long Bitcoin can maintain its strength is a question worth paying attention to. High positions and leverage levels may cause market volatility in the short term, and investors should remain vigilant and avoid over-optimism.