3 weeks ago we saw massiv price drops as $billions worth of positions were forced to liquidate on various trading platforms.

Funding rates on various exchanges are again at high leveles which might indicate that traders are overleveraged.

[IMAGE: https://images.hive.blog/DQmdhVE4JRPUtZ7dfzFQTQTd7dCLBLZ3WmCgQ1X1xxstekx/image.png]

Positions are quite split between long/short, which means we could either see a huge swing to the upside or a swing to the downside, like 3 weeks ago - but maybe a little less brutal.

[IMAGE: https://images.hive.blog/DQmPetWnAMKyEJLDs1PSxZDKrC1vS7tvFdBkQByh4HpxMHd/image.png]

Stay carefull and don't use more leverage than you're comfortable with.