#Strategy加仓BTC Margin leverage returns to 1:1. What is the market doing?

Recently, an action by the exchange is quite interesting—the financing margin ratio has officially been restored to the 100% baseline. On the surface, it appears to be a policy adjustment, but behind the scenes, it actually reflects the true intention of market regulators: to apply the brakes on this wave of market activity.

In simple terms, it’s about cooling down the speculative heat. The previous highly leveraged trading methods, where multi-fold or even dozens of times returns were achieved in a single wave, indeed attracted too many retail investors to follow suit. Now, by raising margin requirements and effectively increasing the entry barrier, participants are forced to think more rationally about risks.

From a trading perspective, this isn’t a bad thing. The logic of a slow bull market is actually healthier—$BTC gradually rising allows genuine believers to position themselves, rather than a rapid surge followed by a wave of bagholders. Everyone understands that a crazy bull market can easily turn into a crazy bear.

So, the logic behind this "combination punch" is very clear: steady growth. Giving the market room to breathe instead of constantly stimulating it. For long-term holders, this actually creates a more friendly environment.