Photo by BeInCrypto Market sentiment shifted into extreme fear on December 1. Short positions are dominating the derivatives market. Several major altcoins are exhibiting severe imbalances in their liquidation maps, which could trigger a new record in liquidations. The following analysis highlights the underlying factors that could cause the market to deviate from short-term expectations in the first week of December. 1. Ethereum (ETH) ETH’s 7-day liquidation map shows that cumulative liquidation volume ...

Core Insights - European investors will soon have access to 3x leveraged short and long exchange-traded products (ETPs) for Bitcoin and Ethereum, launching on the SIX Swiss stock exchange [1][2] - The timing of these products is debated, with some viewing it as a good opportunity while others see it as risky due to recent market volatility [2] - Bitcoin and Ethereum have experienced significant declines, with Bitcoin down 11.8% and Ethereum down 12.5% in the past week [1] Group 1: New Product Launches - Leverage Shares is set to launch the world's first 3x and -3x Bitcoin and Ethereum ETFs in Europe next week [2] - The new leveraged products will join existing global offerings that provide amplified investment opportunities, including a recent application by Volatility Shares for up to 5x leveraged ETFs on Bitcoin, Solana, and XRP [3] - 21Shares has also introduced a 2x leveraged Dogecoin ETF, allowing investors to potentially double their returns on the meme coin [4] Group 2: Market Context - The launch of these products follows a significant market downturn, marked by a $19 billion liquidation event on October 10 [4] - Bitcoin's price recently fell to nearly $81,000, a seven-month low, contributing to over $2.2 billion in crypto liquidations [6] - Industry experts express concerns that the rise of leveraged products could pose systemic risks to the long-term health of the crypto market [5]