Bitcoin Leverage Heats Up as Traders Bet on Price Rebound

Bitcoin’s three-month futures basis has ticked up, suggesting increased derivatives activity.
Coinbase CEO says retail users are “buying the dip” with resilient balances
Retail typically enters late and suffers most on unwinds, Decrypt was told.

Traders are once again cranking up leverage, even as Bitcoin extends its sideways trend and broader crypto market risks persist.

The top crypto has continued to trade between $62,000 and $71,000 since February 6, with no meaningful breakout attempts….

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