【BitPush】A seasoned trader recently shared his views on the current Bitcoin market. He stated that he has established a long position in Bitcoin and also allocated some low-cap altcoins.
He observed that almost everyone is on holiday休息 right now, even large funds are adopting a wait-and-see attitude and not actively entering the market. Bitcoin failed to effectively break below the 84,000 USD level, indicating that the bottom support remains quite solid. More importantly, the overall market trading volume has significantly shrunk, and sellers are clearly exhausted.
In this environment of an ultra-thin order book, once a few large buyers enter, the price can be easily pushed higher. He believes that deploying longs below 90k has good upward potential, and the stop-loss levels are also very clear. Instead of waiting until 95k, or even 100k, to regret and hesitate, it’s better to test the market’s reaction now.
Another key point is that January is usually a month of increased volatility historically. As December comes to an end, he expects this volatility to reappear in some form. This seasonal pattern could present many opportunities for traders.
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rekt_but_vibing
· 12-29 00:01
Low liquidity is really a double-edged sword. A big whale can directly break through when they come in, but it also means the risk is particularly high. But speaking of which, the 84,000 level is indeed a pretty solid support, and it feels like the bulls still have a chance.
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AllInAlice
· 12-28 14:35
Is low liquidity actually an opportunity? I agree with this logic... but to be honest, I'm a bit nervous about the 90k long position. What if large funds have no intention of entering the market right now?
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GweiTooHigh
· 12-26 09:57
Low liquidity actually presents an opportunity. With big players sleeping, isn't it a good time to buy the dip?
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LiquidatorFlash
· 12-26 09:57
The order book is so thin... a single bullish candle can push through 90k, but that's also where the risk lies. The liquidation risk is sharply increasing.
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MidnightTrader
· 12-26 09:50
Low liquidity is actually an opportunity; I agree with this logic. Enter around 89k with a stop loss at 8.2. In my opinion, this move is just gambling on the big players recovering after the Spring Festival.
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GasFeeNightmare
· 12-26 09:47
Hmm... The order book is so thin that you can see through it directly, kind of like my liquidity nightmare with the cross-chain bridge that time.
Buying the dip below 90k sounds tempting, but when I calculate the gas fees, I hesitate for a long time... However, the signal that sellers are exhausted is real.
The biggest fear during holiday market closures is suddenly a large transaction that breaks through all at once.
Wait, is this trader also lurking late at night? I have a feeling I understand.
Cheap is cheap, but stop-losses need to be calculated clearly. Don’t end up saving ten bucks on gas only to lose ten times that.
January volatility... I’ve already decided to hold off on operations this month. I really won’t move this time.
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ShibaMillionairen't
· 12-26 09:46
Low liquidity is like this—when a big order comes in, it can smash through... This guy's right, the holiday is so quiet that the sell orders are almost gone.
But buying long at 90k still depends on luck; what if it crashes to 85k? Haha
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CryptoTarotReader
· 12-26 09:29
Low liquidity is an opportunity. At this time, those buying the dip are already making huge profits... The sellers are really exhausted, just waiting for a big investor to buy in and immediately push the price up.
Bitcoin Long Opportunities in Low Liquidity — Market Observation and January Volatility Expectations
【BitPush】A seasoned trader recently shared his views on the current Bitcoin market. He stated that he has established a long position in Bitcoin and also allocated some low-cap altcoins.
He observed that almost everyone is on holiday休息 right now, even large funds are adopting a wait-and-see attitude and not actively entering the market. Bitcoin failed to effectively break below the 84,000 USD level, indicating that the bottom support remains quite solid. More importantly, the overall market trading volume has significantly shrunk, and sellers are clearly exhausted.
In this environment of an ultra-thin order book, once a few large buyers enter, the price can be easily pushed higher. He believes that deploying longs below 90k has good upward potential, and the stop-loss levels are also very clear. Instead of waiting until 95k, or even 100k, to regret and hesitate, it’s better to test the market’s reaction now.
Another key point is that January is usually a month of increased volatility historically. As December comes to an end, he expects this volatility to reappear in some form. This seasonal pattern could present many opportunities for traders.