Crypto Gains but Leverage Stays Weak

[bonk]

Bitcoin and Ether hit two-week highs as traders positioned for easier monetary policy and improved liquidity. Economic data showed slowing payrolls and falling wages, reducing inflation concerns. Yet BTC and ETH perpetual funding rates remain far below neutral levels, signaling weak conviction even as stocks and gold trend higher.

[Abdul Khan]

Prices rising without leverage shows spot demand is real.

[Nahid Hossen]

Weak leverage means the rally is healthier and less risky.