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#市场情绪与链上结构 Damn, $90,000 is really a tough nut to crack at this level 😤 The Chinese community is now divided in opinions—some say to break through, others are accumulating short positions to buy the dip, but I think the key issue is liquidity, brothers.
The days before Christmas are always hell for traders, with trading volume evaporating and even slight selling pressure causing drops. Volatility has dropped to a historic low, indicating everyone is holding their big moves, but you can't tell if it's going up or down 😅
With so many long contracts, if liquidity truly dries up, expect a textbook liquidation. Instead of guessing the top, it's better to look at on-chain data. The current situation is like walking a tightrope—on one side, FOMO exceeding expectations, and on the other, a potential dump at any moment.
Let's wait and see; there should be an answer in the next couple of days 👀