I reminded everyone not to be too optimistic before #数字货币市场回升 , and today the market directly provided the answer - it fell quite neatly.

$BTC fell by 4.6%, $ETH fared worse at 5.2%, $BNB followed with 4.7%, and $SOL directly led the fall at -6.3%. Major cryptocurrencies collectively dropped, none escaped.

This round of fall is actually quite strange:
There are no obvious negative news, but money is being pulled out; the market is not in a panic, just the buy orders have completely vanished. To put it bluntly - it's not that someone is dumping, but rather that no one wants to take the goods at all.

The sentiment is indeed low right now, but liquidity is still present, and the narrative hasn't broken. This "grouping and lying flat" state actually resembles a buildup phase before the next wave of market movement. Next, we need to see if Bitcoin can stabilize and stop falling; as long as it stabilizes, the entire market will have a chance to revive.

BTC7.75%

ETH9.65%

BNB7.59%

SOL12.64%

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TideReceder

· 13h ago

Here it comes again, nobody is really catching a falling knife this time, everyone is waiting for BTC to set the tone.

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ChainChef

· 12-01 04:32

ngl this market's like a half-baked recipe rn—all the ingredients scattered, nobody's even tasting anymore. btc just needs to find its floor and the whole kitchen might wake up 🍳

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LiquidatorFlash

· 12-01 04:30

The most terrifying thing is that the buy orders just disappeared... a signal of liquidity depletion, I've seen it before and it didn't end well.

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FloorPriceNightmare