When Dalio speaks, markets listen – and he mentioned Bitcoin

Sever, Crypto today could see as your homie who spent 10 minutes in the movie night but Swears were just ‘rest his eyes’.

But I don’t fool – the traders are wide awake, and have their own activated risk mode.

One of the clearest signs of this appetite of risk is what happens in the fut market.

Future Trading allows people the bet where prices go, often using leverage. I am

The upside down? Potential profits larger.

The downside? Very higher risk.

Also a small movement of the price in the wrong direction can erase the positions and cause liquidations, where tradesmen are constrained to go out at a loss.

And now, a lot of money is attached to these trades.

According to QCPthe total value of perpetual future (futural expiry date) he has caught Higher point this year: It’s

👉 $ 45b in Bitcoin;
👉 $ 28b in Ether. I am

Translate: traders feel hella bold. I am

That growing risk appetite can also be seen inside the future market self:

👉 Bitfinex says that The part of bitcoin of total future positions is dropped by 51% at 41%;

👉 Intendeant, the departure of Ethereum has increased by 17% to 26%.

This tells us that commersants are rot away from the most stable btc and in hettthat tends to be more volatile, and therefore more appeal when people chase short term profits.

This makes the market more fragile. I am

And it’s not everything: FINALLY TRAVES (basically the fee you pay to hold a long positionIt) I am now over 15% on main exchanges. I am

Come on extremely high.

It means a ton. of people who make the good bullish, and are willing to pay a pids only to stay in those trades.

When this happens, The market tends to flip the other way. I am

NOTES QCP that Some larger players are already residing – Tip the profits or cover only in case you turn things.

And while the eternal to $ 4k and BTC in $ 120k are still in reaching, a lot of business now see those likely pushes, not guaranteed.

So the moment driving the highest things – but with this come fragility.

If something fits the confidence, as a weak economic surprise or economic data, the reaction could be fast and mess. I am

And with The calendar of this week loadedThere is a lot that can shake things:

🗓ов Wednesday: FOMCON REOUSING + US DIGITAL STOCKPILE REPORT;

🗓ов Thursday: Inflation data of June;

🗓ов Friday: July Works Report + Trump Fares.

Tl; Dr: Trust is high for now, but it’s ready for volatility.