Some traders are optimistic about the future of Bitcoin, having established long positions and allocated some small-cap coins. They point out that the current market trading volume is sluggish, with weak selling pressure. Once a large buy order appears, a rapid breakout above resistance levels could occur. In their view, Bitcoin still has the potential to break upward below $90,000. From the order book depth, the market lacks effective selling pressure, laying a foundation for subsequent gains. However, they also imply that all of this depends on the participation of strong buyers; otherwise, the sluggish situation may continue.
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MetaNeighbor
· 12-26 14:57
Just waiting for the whales to make a move. This market really doesn't have much selling pressure.
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MEVVictimAlliance
· 12-26 14:49
Wait, just waiting for the whales to come and rescue the market. To be honest, it still takes big players to step in and take over.
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ContractTester
· 12-26 14:38
Just waiting for the whales to dump, otherwise this market really has no meaning.
Some traders are optimistic about the future of Bitcoin, having established long positions and allocated some small-cap coins. They point out that the current market trading volume is sluggish, with weak selling pressure. Once a large buy order appears, a rapid breakout above resistance levels could occur. In their view, Bitcoin still has the potential to break upward below $90,000. From the order book depth, the market lacks effective selling pressure, laying a foundation for subsequent gains. However, they also imply that all of this depends on the participation of strong buyers; otherwise, the sluggish situation may continue.