Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
in the end, the outsider is the winner #GovShutdownOfficiallyEnded
During the strong correction from 104,000 USD down to 96,000 USD, the market revealed an unusual signal:
👉 The long position liquidation volume is less than 1 billion USD – a figure that is too low given such large volatility.
This shows:
🔍 1. Leverage in the market has almost been depleted.
Major players are no longer operating under the traditional leverage model. Low margin → low liquidation → volatility remains strong ⇒ liquidity is seriously weakening.
🔍 2. Extremely thin Order Book – liquidity has lost depth
Thin liquidity means that only a relatively small push is needed to create fluctuations of thousands of USD. Here is the reason:
Stop-hunt occurs rapidly
1-minute candlestick shows unusual volatility
The price "jumps" between levels without the need for large liquidation.
🔍 3. Who is controlling the market?
In the context of weakened liquidity, price volatility largely comes from:
The organized command line of entities that dominate liquidity
Trading algorithm of the exchange and market maker
Regulating position activity instead of actual supply and demand
➡️ Result: The "bookmaker" is easier to manipulate prices when liquidity is weak.
🔍 4. Signs that a big shark has been removed from the game
Liquidity dropped sharply after the event on 10/10, likely due to:
A large organization has been wiped out → standing outside → the market liquidity has dropped sharply.
The remaining entities cease intervention → all fluctuations are exaggerated.
📉 Meaning for the upcoming period
From now until the cash flow returns:
The price only moves when those who control liquidity want it to move.
Anyone who opens a large position can be easily "liquidated".
The market is extremely sensitive to large orders but reacts little to news.
#GovShutdownOfficiallyEnded