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$BTC market! A deep insight from spot silence to futures surge.
The cryptocurrency market is ever-changing, and the $BTC spot market has been surprisingly quiet recently. After the whales offloaded, the activity in the spot trading plummeted, as if the pause button had been pressed. In contrast, the futures market seems like a volcano about to erupt, with heat steadily rising.
On a weekend, the price fluctuation range gathers massive liquidity, clearly indicating the exit of the spot market and the dominance of the futures market. Looking back, trending markets often follow a similar rhythm; after the price breaks new heights, it first digests the spot supply, then enters a period of consolidation and adjustment, where the turnover of futures becomes key to driving the market forward.
Now that the whales have finished offloading, the spot supply has been nearly exhausted, and the market has completed the transition from spot to futures. Next, the turnover in futures will be the focus, as the market, like a keen hunter, will pursue liquidity for clearing. In a bullish trend, the probability of short liquidity being cleared is high.
In the short term, there are uncertainties in the market trend. If the price touches the upper short-seller liquidation zone on Monday but does not get liquidated, it will trigger a minor pullback, but this is just a temporary pause. The short liquidity below the previous high or 126k will eventually be liquidated. The "unliquidated liquidation" phenomenon on Friday indicates that Spot demand is regaining control of the market, and going long or pulling back to go long is a reasonable strategy.
I tend to adopt a steady and patient strategy, waiting for the opportunity to enter decisively during a pullback, with a target set at 126k. By staying calm and sharp, I will surely seize market opportunities.
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#BTC走势分析 # ETH returns to 3800