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I just saw that Bitcoin briefly touched $74k but now it’s hovering around $73.1k. The thing is, there’s very little liquidity in the market right now, so any movement feels more pronounced than usual.
What has me alert is exactly that: with low liquidity, traders need to be more cautious. A move that would normally be minor can quickly be amplified. It’s the kind of situation where it’s better to stay more alert and avoid placing very tight orders.
For now, Bitcoin is maintaining that range, but definitely the lack of volume is what’s dominating the session. We’ll have to see if liquidity improves or if we continue with this contained volatility.