Bitcoin DATs: Record Leverage Rates Emerge

Bitcoin DATs are levering up at record rates, confirming the exact warning Charles Edwards issued in October 2025 that this corporate treasury model would chase debt to manufacture fake yield.

Price action on the 4h chart shows BTC trading at $61455.82 inside the Bollinger Bands with upper resistance at $64192.3, while the EMA50 at $64286.01 acts as immediate overhead resistance and the EMA200 at $71529.7 marks the longer-term bearish barrier; the MACD death cross at -487.6 keeps downside momentum intact even as RSI at 40.85 remains neutral, pointing to a likely test of the lower band support near $60833.24 before any sustained recovery.