Why does Bitcoin stabilize near 68,000 during major market holidays?
1️⃣ Decreased liquidity When the US or European markets close, institutional liquidity diminishes, making trading weaker. 2️⃣ Lack of catalysts There are no significant economic data or ETF inflows, causing the market to shift into a "wait-and-see" mode. 3️⃣ Short-term speculators' dominance The movement becomes sideways (Range) due to the absence of large funds. #BTC
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Why does Bitcoin stabilize near 68,000 during major market holidays?
1️⃣ Decreased liquidity
When the US or European markets close, institutional liquidity diminishes, making trading weaker.
2️⃣ Lack of catalysts
There are no significant economic data or ETF inflows, causing the market to shift into a "wait-and-see" mode.
3️⃣ Short-term speculators' dominance
The movement becomes sideways (Range) due to the absence of large funds.
#BTC
$BTC