The article delves into the nuances of the crypto derivatives market, focusing on signals like futures open interest, funding rates, and liquidation data. It explores the recent 0.77% growth in LUNC derivatives, suggesting trader optimism and market sentiment. The piece also highlights the risks associated with high leverage, despite bullish sentiment and notes how options data indicate potential breakout opportunities. The article serves as an insightful guide for traders and investors looking to understand market dynamics and structural risks, specifically within the LUNC ecosystem. Key terms: crypto derivatives, LUNC, futures, funding rates, liquidation, leverage, breakout potential.