@dfhdefrhjter
Gauge leverage-driven risks by tracking margin trading balance (a 50%+ weekly surge signals over-leverage) and funding rates (positive rates above 0.1% indicate excessive long positions). High leverage (e.g., average 10x+ on Binance) means even a 10% price drop can trigger mass liquidations. For ordinary investors: reduce leverage (stick to 2-3x max), set stop-loss orders 5-10% below entry, and avoid trading during high-leverage periods (e.g., post-major news). If liquidation risks spike, switch to spot trading to avoid being swept up in cascading sells.