Looking at the recent performance of Bitcoin, the turnover rate on Sunday plummeted sharply, dropping to the lowest levels in recent months. What does this indicate? If there is no significant interference from institutions and quant traders, retail investors are actually quite indifferent to the current market conditions.
The chip structure over the weekend shows no particular surprises. Currently, my focus is still on whether we can return to the $90,000 level to build a bottom, or perhaps start establishing a base from $83,000 — both scenarios are possible. Interestingly, investors holding higher positions are still tightly gripping their chips, and so far, no signs of panic have been observed. This is a fairly stable signal.
In terms of operations, consider going long near the $91,826-$91,658 range below; for a rebound, watch around $92,900-$93,400. If the price rebounds to around $92,865-$93,400, you might try shorting with a target near $92,000.
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AirdropFreedom
· 01-14 12:16
Retail investors are really losing enthusiasm. With such a turnover rate, it's still stable without panic, which shows that the old brothers who are trapped are still in good spirits.
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SybilSlayer
· 01-12 15:16
The turnover rate has plummeted so sharply, retail investors really have no enthusiasm left. What does that mean? It just means no one wants to take over the position.
Those who are trapped are holding on tightly, which is a good sign. At least I haven't seen any signs of a collapse.
You can try around 91,800. Anyway, it's either the 90,000 bottom or the 83,000 bottom—choose one.
Take another look around 92,900. Don't be too greedy.
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GasGoblin
· 01-12 06:56
Retail investor interest is just so-so? That’s a bottom signal— the colder it gets, the more opportunity there is.
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MEVVictimAlliance
· 01-12 06:54
Retail investors have lost interest. How can we still play this game?
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DataPickledFish
· 01-12 06:54
The turnover rate has plummeted, and retail investors are scared off. Now it's up to the institutions to see how they will operate.
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OvertimeSquid
· 01-12 06:47
Retail investors have lost enthusiasm, and the turnover rate is so vertical... I'll short when it rebounds to around 93,400, betting that this wave won't break.
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TokenomicsDetective
· 01-12 06:39
What does the plunge in turnover rate indicate? Retail investors are all playing other things, no one cares about this wave of market movement haha
Those still holding onto their positions are holding on tightly; their mindset is really steady. But I think it might also be because there's no other choice.
Try your luck around 91,658; anyway, no one knows when it will break through.
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AirDropMissed
· 01-12 06:34
Retail investors have lost all enthusiasm, and that's the most heartbreaking part. It's really not interesting.
Looking at the recent performance of Bitcoin, the turnover rate on Sunday plummeted sharply, dropping to the lowest levels in recent months. What does this indicate? If there is no significant interference from institutions and quant traders, retail investors are actually quite indifferent to the current market conditions.
The chip structure over the weekend shows no particular surprises. Currently, my focus is still on whether we can return to the $90,000 level to build a bottom, or perhaps start establishing a base from $83,000 — both scenarios are possible. Interestingly, investors holding higher positions are still tightly gripping their chips, and so far, no signs of panic have been observed. This is a fairly stable signal.
In terms of operations, consider going long near the $91,826-$91,658 range below; for a rebound, watch around $92,900-$93,400. If the price rebounds to around $92,865-$93,400, you might try shorting with a target near $92,000.