Bitfinex leveraged long position reaches 77100 BTC, hitting a two-year high

Bitfinex's margin long position has risen to approximately 77100 BTC, reaching a new high in nearly two years and an increase of approximately 64% over the past six months. Analysis indicates that this reflects the market's tendency to engage in bargain hunting, but historical data shows that the expansion of this indicator does not necessarily mean a price bottom, and short-term volatility risks still exist.