RISK-OFF MODE: #traders Are Playing It Safe
In just 3 days, the Estimated #Leverage: Ratio (ELR) dropped to -0.25 — a level that took nearly a month to reach during China’s 2021 #crypto ban.
This sharp drop is happening amid rising US–Iran tensions and high market uncertainty.
While some of it is due to liquidations, many traders are voluntarily de-risking to stay safe in this volatile environment.
Stay alert. This could lead to more unexpected moves in the market.
