Bitcoin and Ethereum Long Squeeze Alert: Potential Retracement Levels and Record Rally Warning

As Bitcoin and Ethereum experience a notable rally, the derivatives market indicates a potential for long squeezes, with significant long liquidation pools identified. Bitcoin could see a retracement to $50,000, while Ethereum may retrace to $2,400, potentially causing 18% and 29% losses from their current prices, respectively. Traders are advised to be cautious and consider the speculative nature of investing in the highly volatile cryptocurrency market.