Contract accumulation is 38 times that of spot trading—is this normal? It used to be around 10 times at most, the market has already entered a distorted state. Continuing to rise is as hard as climbing to the heavens, countless people are waiting to break even and get out. Heading downward is much easier, the turning point is approaching, maybe a fake breakout followed by a sharp drop. The trend looks like the big players are climbing a mountain with two heavy suitcases. If they slip even a little, it’ll be chaos behind them. The ones screaming won’t be the big players—they’ve already hedged their positions. It’ll be some retail investors who chased the highs and opened long positions. #Bitcoin $BTC $ETH