2025-12-24 01:28:12

Recent market data reflects a phenomenon that cannot be ignored. The fear index has consistently remained at an extreme fear level of 24, with the Bitcoin Long-Short Ratio reaching 69.3% and the Ethereum Long-Short Ratio also at 67.8%. It seems that there is little disagreement between the trading sides, but this precisely indicates the problem at hand— the entire market has fallen into a liquidity dilemma.

The current total scale of contracts is only around 130 billion, and the situation in the spot market is even more bleak. This resembles the market downturns in February and July, with overall enthusiasm dropping to freezing point and attention waning. Interestingly, the loudest voices are not from actual traders, but from various KOLs. The flood of opinions in the market is overwhelming, with complex and changing motives behind them. In such an environment, it is important to remain vigilant against broad viewpoints, and trading decisions should still be based on one's own judgment.

BTC-0.74%

ETH-1.6%

View Original

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.

12 Likes

Reward
12
2
Repost
Share

Comment

0/400

DataOnlooker

· 10h ago

The liquidity dilemma is indeed a problem; 130 billion really feels quite meager. KOLs shout every day, but it's better to focus on the Candlestick charts yourself. The fear index is at 24... how long will it take to recover from this wave? The Long-Short Ratio being so close is even more dangerous, indicating that everyone lacks confidence. With the Spot market being this cold, it's no wonder that the contracts are lifeless as well. Don't listen to those people rambling; you still have to trust your own judgment. This slump feels even harder to endure than the one in July.

View OriginalReply0

CryptoWageSlave

· 10h ago

Liquidity is gone, what are you still bragging about? KOLs talk the most, but not many dare to move real money. Don't trust opinions, trust data; 130 billion is indeed small enough to hurt. This wave just waits for the wealthy to enter the market; retail investors should honestly observe. The spot market is already extremely cold, and don't even expect much from contracts.

View OriginalReply0