Recently noticed an interesting phenomenon——three consecutive 5-minute candles with absolutely no fluctuation, this level of liquidity is rarely seen even on Bitcoin. To be honest, this market condition is quite unusual. If we forcibly pump the price, who would take the other side of the trade? That's the most painful question. When liquidity dries up, even the best technical setup becomes worthless because there are no counterparties. Looking at this situation, it's hard not to worry——with such low trading activity, if any significant moves occur, the market might not be able to withstand it.
Recently noticed an interesting phenomenon——three consecutive 5-minute candles with absolutely no fluctuation, this level of liquidity is rarely seen even on Bitcoin. To be honest, this market condition is quite unusual. If we forcibly pump the price, who would take the other side of the trade? That's the most painful question. When liquidity dries up, even the best technical setup becomes worthless because there are no counterparties. Looking at this situation, it's hard not to worry——with such low trading activity, if any significant moves occur, the market might not be able to withstand it.