Bitcoin leverage is in a neutral area and the market is not excessive Leverage

According to analyst Joao Wedson, bitcoin leverage is currently in a neutral area and there are no signs of over-leveraging in the market. The current market structure of bitcoin is, according to the analysis of the leverage-pressure area, more stable, especially before the period of high leverage, which usually leads to greater volatility and forced liquidation. The analysis is based on data from 30 exchanges and compares the positioning and chain behaviour of derivatives。