Currently, the market is retail investors in Asia buying during the day, with a volume-constrained rebound,
At night, major players in Europe and America sell off, increasing volume to dump and smash the market.
This situation is not a bottom; a global liquidity crisis is underway. Bitcoin, as a risk asset, is the first to be sold off, and the stablecoin market cap and ETF outflows both look very poor.
It still has to fall further until no one dares to call for a rally or buy the dip.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Currently, the market is retail investors in Asia buying during the day, with a volume-constrained rebound,
At night, major players in Europe and America sell off, increasing volume to dump and smash the market.
This situation is not a bottom; a global liquidity crisis is underway. Bitcoin, as a risk asset, is the first to be sold off, and the stablecoin market cap and ETF outflows both look very poor.
It still has to fall further until no one dares to call for a rally or buy the dip.