Altcoin leverage remains below Glassnode's overheating threshold

Altcoin leverage remains below the risk threshold that Glassnode associates with overheated market conditions.
According to the firm's analysis, current positioning suggests leverage has not yet reached levels typically associated with excessive speculative stress, potentially leaving room for the altcoin rally to extend.
The signal is constructive for market structure, but leverage can increase quickly during strong price advances and remains an important risk indicator.