#Gate广场五月交易分享 The four major hidden dangers are lurking; beware of sharp rises followed by declines

Even though the current bullish trend is clear, the four hidden risks must not be ignored, as they are likely to trigger short-term shakeouts and corrections:
1. Divergence between volume, price, and popularity: BTC price has returned to the high of 80k, but on-chain daily active addresses are only 531k, falling to a two-year low. The market rally is entirely driven by institutional funds, with retail investor enthusiasm severely lacking. Once funds retreat, profit-taking will lead to a rapid pullback.
2. Severe regional capital divergence: European and American institutional funds continue to flow in net, but Asian funds have completely retreated. The Hong Kong Bitcoin ETF size is only $320 million, with low daily trading volume. New capital inflow in April is almost stagnant. The market relies entirely on foreign capital support, making the support structure fragile and one-sided.
3. Overheated leverage sentiment: Over $557 million in liquidations occurred in 24 hours across the entire network, with short positions heavily liquidated, driving short-term gains. Contract holdings have risen to a high of $61.8 billion. The market is dominated by futures leverage, with spot demand weak. This replicates the pre-2022 bear market structure, where loosening leverage triggers deep corrections.
4. Accumulation of ETH selling pressure risks: ETH staking redemptions are surging, with large redemptions by the foundation causing market panic. Coupled with a serious divergence between fundamental data and price, bullish confidence is weak. Short-term rebound efforts are limited, and the risk of a correction is high.