🤑 The crypto market moves in cycles, and one of the more overlooked methods to analyze these cycles is through DeFi lending and borrowing data. Instead of just watching price action or social sentiment, this article highlights how interest rates, debt levels, and liquidation events can reveal when markets are overheated or bottoming out. For example, when borrowing rates spike above 10-15%, it often signals a market top driven by excessive demand for leverage. Conversely, low and flat rates over several weeks can indicate a market bottom, where speculation has cooled off and re-entry points may appear. Our latest insight provides our live webinar video we recorded last week, and introduces complementary tools like funding rates and open interest to further validate market signals. 👇 https://insights.santiment.net/read/understanding-crypto-market-cycles-through-lending-metrics-8558?utm_source=twitter&utm_medium=post&utm_campaign=twitter_lending_metrics_explained_b_032625/&fpr=twitter