Market intelligence firms warn traders about the increasing leverage in Ethereum.ETHThe volatility of bulls is increased.
The new thread Altcoin Vector, a crypto analytics platform that operates on social media platforms X and X says there is a growing risk of leverage in the digital asset ETH despite its recent rise being backed up by both the spot market as well as exchange-traded fund (ETFs).
“ETH Futures OI (open interest) just hit a new ATH (all-time high) – double since May – and price is climbing with it. Unlike late 2024, this rise is backed by ETF inflows and spot momentum, but… OI at historic levels is a double-edged sword. Conviction is back, but leverage risk is building.”
Ethereum currently trades for $3.771 as of the writing date, which is a slight increase from yesterday.
Solana: Moving onto the Next Step (SOL) challenger Sui (SUIAltcoin Vector says The layer-1 blockchain is gaining momentum and could outperform Bitcoin.BTCThe price of ) is $5.
“ETH is leading, even outpacing BTC – but this phase of rotation is about spotting alts that don’t just catch up… they outperform. SUI fits that bill. High-beta, strong trader interest, and just pumped +10% in 24h. Momentum is awakening. Impulse hasn’t fully kicked in yet – when it does, $5 target is just the beginning.”
SUI currently trades at $4.22, an increase of 5.2% on the same day.
Altcoin Vector concludes its analysis by presenting the most valuable crypto assets in terms of market cap. says BTC’s recent dip should not be cause for alarm.
“Bitcoin’s drop isn’t a breakdown, it’s a healthy correction. Structure remains bullish. Optimal signal was cooling but now shows the first signs of recovering momentum. BTC is holding above support, though we could still test $112,500. Momentum paused, but trend is intact.”
BTC currently trades for $119.503, a slight increase over the past 24 hours.
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