Трейдеры сохраняют оптимизм, несмотря на рынок страха: новый леверидж на $2,4 млрд Translation: Traders Maintain Optimism Despite Fearful Market: New Leverage of $2.4 Billion

In December, the volume of leveraged positions surged by $2.4 billion, even with a 40% decline in trading activity. Analyst Crazzyblockk highlighted this trend.

The total open interest (OI) for Bitcoin and Ethereum futures increased by 7%, rising from $35 billion to $38 billion. During this timeframe, the Fear and Greed Index stood at 27, indicating market expectations of capitulation.

Key performance metrics:

In just the past week, the market brought in $450 million in new leverage. Traders were opening positions in anticipation of a market rebound, overlooking its weaknesses. Notable increases in activity were recorded on Binance, Bybit, and OKX, with Gate Exchange leading in momentum.

Crazzyblockk characterized the situation as «stubborn optimism.» Funding rates remained positive, with traders incurring costs to maintain long positions.

Conversely, professional investors appeared to take a different approach, as major holders withdrew 20,000 BTC. According to the analyst, the current scenario contradicts signals of a bottom. A true minimum is established through the «cleansing» of the market from leverage, rather than its accumulation.

To recap, on December 29, the price of Bitcoin surpassed the $90,000 mark. Following the lead of the market’s flagship cryptocurrency, Ethereum’s price climbed above $3,000.