The consolidation is getting tighter by the day. If things don't break out soon, a fresh start might be the only way forward.
That 11% dip below $20k is telling though. When major price levels crumble like this, you realize how thin the liquidity really is. Institutions and whales with serious size? Most of them are sitting on the sidelines, waiting for cleaner price discovery.
Markets need room to breathe before the big money comes back in. Until then, we're stuck in this narrow band, watching and waiting.
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SchroedingersFrontrun
· 13h ago
With such thin liquidity, the big players have all hidden... Do we have to wait for a liquidation wave to survive?
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SighingCashier
· 13h ago
Wait a minute, this 11% drop below 20,000, with such thin liquidity, really can't hold up...
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SilentObserver
· 13h ago
Really, this consolidation is too uncomfortable, it should have broken out long ago. Big institutions are just watching the show, waiting for retail investors to go bottoming out in blood.
The consolidation is getting tighter by the day. If things don't break out soon, a fresh start might be the only way forward.
That 11% dip below $20k is telling though. When major price levels crumble like this, you realize how thin the liquidity really is. Institutions and whales with serious size? Most of them are sitting on the sidelines, waiting for cleaner price discovery.
Markets need room to breathe before the big money comes back in. Until then, we're stuck in this narrow band, watching and waiting.