Recently, I received quite a few messages asking, "Is it time to stop loss now that BTC has fallen below 24K?" I looked through those screenshots and found that the pattern is still the same—small, low-liquidity trading pairs are causing the trouble. As an analyst, I think it's necessary to clarify this issue so that next time you encounter similar situations, you'll have a clear understanding.



Let me give a relatable example. When you go to the vegetable market, mainstream trading pairs are like busy, popular markets in the city center. There are many stalls, high foot traffic, and the price of a head of cabbage might be 2 yuan. Even if you buy 100 jin at once, the price won't fluctuate much. But what about small, low-liquidity trading pairs? That's like a small shop deep in the mountains. The entire shop might only have one head of cabbage. If you pay 10 yuan to buy it directly, the "cabbage price" might suddenly increase fivefold. But does that mean the vegetable prices nationwide have risen? Obviously not.

The same logic applies to this BTC incident. The screenshot that’s been circulating wildly comes from the BTCUSD1 trading pair. How poor is the liquidity of this pair? I checked the data—it’s order book volume is even less than the normal trading volume of a mainstream pair. In such a situation, someone places a large market order, and the price is instantly pushed down, forming a super long candlestick shadow. At first glance, it really looks like a break below 24K. But in reality? That’s a "false crash," a complete fake-out.

Here are two core indicators to judge the true market condition of BTC. First is liquidity—pay close attention to the trading data of mainstream pairs, as that reflects the real market situation. Second is trading volume—genuine downward trends are always accompanied by volume. If the price drops without volume, it’s likely a false signal. Next time you see such "scary" candlesticks, stay calm and check these two indicators; often, you can spot the tricks.
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FloorPriceNightmarevip
· 6h ago
Here comes another scam to deceive retail investors and cut the leeks. The BTCUSD1 trading pair should have been delisted long ago.
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AirdropworkerZhangvip
· 15h ago
Oh no, it's that kind of fake crash trick again. I'm already tired of it. --- That market stall analogy is perfect. Buying out the prices at a small mountain shop, haha. --- I've already muted BTCUSD1. Every time, it's just a manipulative coin causing panic. --- The key is to look at mainstream trading pairs. Don't be scared to death by screenshots. --- A decline with zero trading volume is really a joke. Have you been cut again, everyone? --- Liquidity, when broken down, is just a trap. Retail investors are the easiest to fall for it. --- I've been tricked by false signals before. Now, when I see long shadows, my first reaction is to check the depth. --- Just remember these two indicators: liquidity plus trading volume. You can see through any tricks.
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ForkInTheRoadvip
· 15h ago
It's the same trick with low-liquidity trading pairs again, always scaring people like this. --- The market analogy is perfect—selling overpriced cabbage in a small mountain shop haha. --- BTCUSD1's liquidity is so poor, no wonder a single order can produce such frightening candlesticks. --- Honestly, most people start panicking and stop-loss when they see this kind of chart, never thinking about the underlying reasons. --- Liquidity + trading volume, remember these two indicators to spot 90% of false signals. --- I'm tired of these fake crashes caused by low-liquidity trading pairs; it's really unethical. --- Haha, someone always points it out every time, or else the screen is full of "I stopped out" regrets. --- That's why beginners are most likely to get liquidated—they simply don't think to check order volume and liquidity. --- Calm down and check these two indicators—this advice is brilliant. How many people can really do that? --- Fake-out moves are truly fake; if there's a real downtrend, what about the volume? That's a big problem.
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LiquidatedAgainvip
· 15h ago
Once again, scared by false signals to close positions, this time I’ve learned to be smarter.
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TokenUnlockervip
· 15h ago
The analogy of the vegetable market is brilliant; finally, someone has explained this thoroughly. I was really startled by that screenshot earlier, haha. --- It's the liquidity again causing trouble, always like this. We need to learn to see through these false signals. --- Damn, I checked that BTCUSD1, the order book is dead sparse. No wonder it crashes every time. --- It seems many new retail investors are still being played by these low-liquidity trading pairs. Really need to increase your knowledge. --- Liquidity and trading volume—remember these two core indicators to avoid many pitfalls. No doubt about it. --- The previous panic was most likely caused by this—just a feint. --- Honestly, you need to look at data from mainstream trading pairs more often to avoid getting caught by tricks from niche trading pairs.
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YieldWhisperervip
· 15h ago
The market analogy is brilliant, finally someone explains this mess clearly. Once again, I was scared half to death by a screenshot, and it turns out that's all? Poor liquidity and daring to place large orders—these people really want to cause trouble. Mainstream trading pairs are the real deal; others are just bluffing. Next time I see such terrifying candlesticks, I’ll just look at the volume and not fall for it. This is the analysis I want to hear, not those panic-mongering self-media. BTCUSD1’s liquidity is so thin that a single order can cause a big news story—laughable. Learn to distinguish between real drops and fake drops, or you'll be chopped up by the market every day.
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NotFinancialAdviservip
· 15h ago
The vegetable market example is hilarious, I immediately understood what's going on. This is exactly the trick of cutting leeks. The BTCUSD1 trading pair is really a joke, with an extremely thin order book. A slight order smash can create panic, it's purely a routine. A decline without trading volume is all nonsense, remember that. By the way, why are so many people still trading such low-liquidity pairs? They are asking for it, haha. Actually, mainstream trading pairs are the real bosses. Just look at the data there, it's definitely accurate.
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