- The crypto market’s total market capitalization has climbed back to $3 trillion, but a surge in leveraged positions is increasing the risk of sharp price swings.
- Open interest (OI) in perpetual futures has risen to about $160 billion, while forced liquidations of short positions show traders are chasing the rally rather than cutting risk.
- Despite net inflows into U.S. spot Bitcoin ETFs and an altcoin rally, Lucas said a short squeeze does not create long-term holders, leaving the market focused on whether spot demand can replace liquidation-driven buying.
Forecast Trend Report by Period



The total market capitalization of cryptocurrencies has climbed back above $3 trillion…






