According to Michaël van de Poppe (@CryptoMichNL), investing in altcoins requires patience and a strategic approach. He emphasizes avoiding leverage and opting for spot trading to minimize risk. This advice is crucial for traders looking to sustain long-term positions in the volatile altcoin market.

According to Polynomial (@PolynomialFi), KAITO perpetual contracts are now live on Polynomial Trade. These contracts offer native cross-margin and up to 20x leverage, facilitated by Pyth Network. This development is significant for traders seeking high leverage opportunities in the cryptocurrency market.

According to glassnode, funding rates confirm a shift in the market dynamics. Bitcoin (BTC) and Ethereum (ETH) maintain slightly positive funding rates, indicating a continued bullish sentiment. However, Solana (SOL) has seen its funding rate turn negative, suggesting increased short interest and potential bearish sentiment. Additionally, negative funding rates in memecoins indicate dominant short positioning, hinting at an unwinding of excessive leverage in these riskier assets.

According to Miles Deutscher, the total open interest for altcoins, excluding Bitcoin and Ethereum, has decreased by 50% from December highs. Despite this decline, current levels remain above pre-election figures and would require another 50% drop to reach September lows. This suggests that significant leverage could still be unwound over the coming months (source: Miles Deutscher).

According to glassnode, both $SHIB and $FLOKI have experienced steep declines in open interest, with SHIB's OI dropping by 74.41% from $323M to $83M, and FLOKI's OI decreasing by 69.18% from $41.7M to $12.9M. This sharp correction across memecoins suggests a potential leverage flush out, indicating traders should be cautious of volatility and possible shifts in market sentiment.

According to Michaël van de Poppe, traders experiencing negativity in the markets should consider reducing leverage if they are leveraged, and remain patient. For those unleveraged with positions in altcoins that are underperforming, he suggests staying calm. This advice is aimed at maintaining a strategic approach to market fluctuations. Source: Michaël van de Poppe on Twitter.

According to Reetika (@ReetikaTrades), traders should be cautious about taking leveraged positions in Ethereum (ETH) during holidays due to potential market volatility. Reetika emphasizes the risks involved, as liquidity tends to be lower, which can lead to exaggerated price movements and increased liquidation risks. This is particularly critical for traders using leverage, as sudden market shifts can result in significant losses. Source: ReetikaTrades on Twitter.

According to @EmberCN, a whale transferred $8 million USDC to Hyperliquid 9 hours ago to go long on $HYPE. The whale has already leveraged a 3x position to acquire 350,000 $HYPE tokens, valued at $9.54 million, at an average price of $26.25, and continues to buy more. This investor previously made a significant investment in $ENA last June but incurred a loss of $13.12 million (-44%).

According to 𝐋iquidity 𝐃octor, a trading strategy for TAO involves entering a long position at $388 with a target of reaching MCR. The suggested margin is $20 with 10x leverage, and the stop loss is set at $367.

According to @doctortraderr, traders should consider a short position on FARTCOIN with an entry at $0.5390, a stop loss at $0.5620, and a margin of $20 using 8x leverage. The target is set at MCR, indicating a specific price point or condition for closing the trade. This setup is part of a $100 to $1,000 trading challenge, emphasizing a calculated risk approach with precise entry and exit points for maximizing returns.

According to Liquidity Doctor, they have suggested a long position on XRP with an entry price at $2.3937, aiming for a target of $2.80. The position utilizes 8x leverage with a margin of $20. They have not yet determined the stop-loss point. This trading strategy focuses on maximizing returns through leverage while managing risk with a set margin.

According to Liquidity Doctor (@doctortraderr), a $100 to $1,000 trading challenge involves a long position on XRP. The entry point is set at $2.455, with a target of $2.80. The trade uses a $20 margin with 10x leverage, and a stop-loss is placed at $2.34 to manage risk.

According to Hyperliquid (@HyperliquidX), traders can now engage in long or short positions for $BERA with up to 5x leverage, enhancing trading strategies and risk management options.

According to AltcoinGordon's tweet, there is a potential for significant gains by investing in the meme coin OXFUN using 10X leverage. This suggests traders could consider exploring OXFUN for high-risk, high-reward opportunities.

According to Pentoshi, recent market liquidations highlight the risks associated with leverage in cryptocurrency trading, as many traders find themselves back at prior price levels after being liquidated. Pentoshi emphasizes that most traders lack the skills to use leverage effectively over the long term, suggesting a cautious approach to leveraged positions.

According to Michaël van de Poppe, during volatile market conditions, traders should consider purchasing altcoins, avoid using leverage, and maintain a long-term investment horizon. He suggests that traders should refrain from checking their portfolios during tumultuous weeks to avoid stress. His advice emphasizes patience and a relaxed approach to trading. Source: Michaël van de Poppe on Twitter.

According to @doctortraderr, a short position in QTUM as part of the $100-$1k trading challenge is currently up almost 2% without the use of leverage. The trader has advised moving the stop-loss to $3.39 to minimize potential losses to only $2.56 if triggered.

According to Miles Deutscher, leverage should be utilized primarily for hedging your spot portfolio, achieving delta neutrality through pair trading, and enhancing capital efficiency. He emphasizes that leverage is intended for reducing risk rather than increasing it, offering a critical insight for traders who experienced losses due to leverage mismanagement.

According to Ai 姨, a trader has significantly increased their short positions on Bitcoin (BTC) and Ethereum (ETH) within the last 30 minutes. The trader now holds a short position of 200 BTC, valued at approximately $20.76 million, with an average price of $102,376 per BTC. Additionally, they have shorted 5,000 ETH at an average price of $3,442, bringing the total value of the positions to $37.96 million. This aggressive strategy has rapidly decreased their Aave health score to 1.85, indicating increased risk in their leveraged positions.

According to Ai 姨 (@ai_9684xtpa), a prominent ETH trader has initiated a short position on Bitcoin by borrowing 100 WBTC from Aave and selling them at $100,706 each, totaling approximately $10.11 million. The trader's current health score is 4.65, which indicates moderate leverage and potential for further position adjustments.