Futures Volume Spike – Local Bottom or False Dawn?
Binance futures hit $800T, mostly speculation. Are we seeing a real bottom or just leverage painting the picture?
Binance futures just crossed $800T in volume — all driven by speculation. Sure, we might have found a local bottom in tokens like SOL ($74), AVAX ($6.93), and LINK ($8.33), but I can’t help wondering: is this floor built on leverage or actual spot demand? 🤔
A market pumped by leverage tends to be wobbly. The moment funding or liquidations shift, that so-called bottom could turn into a trap. I’m watching these levels closely, but I’m not convinced it’s time to go all-in just yet.
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