The recent trend has indeed been very quiet these days. Liquidity is noticeably tight, and major institutions and hedge funds in Europe and America haven't returned yet. The market lacks strong support, and any small movement by retail investors can cause significant fluctuations. Bitcoin's trading volume has shrunk by more than 30% compared to usual, and the daily net outflow from spot ETFs is $175 million. Ethereum has also moved out by $13.3 million. The cautious attitude of institutions remains the main tone.



Interestingly, capital flows are showing a clear divergence. On one side, institutions are withdrawing, while on the other side, MicroStrategy is still slowly accumulating Bitcoin. Buy orders around 87,000 are gradually stacking up, and the buying power at lower levels is forming support. This at least indicates that long-term players are not pessimistic.

However, the problem is that traditional finance is currently performing strongly—US stocks and precious metals are rising, while Bitcoin has fallen 6.25% this year. During such times, funds naturally shift to traditional sectors. Plus, the optimistic expectations regarding regulation are cooling down, and the DeFi wind is blowing more tense, suppressing the market’s enthusiasm for bullishness.

From a technical perspective, Bitcoin's daily chart is stuck at 90,000, and the bearish sentiment hasn't dissipated. Recent support levels are around 87,000, with 86,000 as a further barrier below. On the upside, 88,800 to 90,000 is an important resistance zone. Ethereum is being pressed down by a downward trend, oscillating repeatedly between 2,900 and 2,960. The pressure above 3,000 is significant, with 2,800 to 2,850 serving as a hard support.

As the holiday approaches, trading volume is expected to become even less active. Instead of obsessing over short-term directions, it’s better to focus on observing key volatility zones and wait for clear breakout signals before making moves.
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liquidation_watchervip
· 3h ago
Institutions pulled out a wave, and retail investors are dumping their holdings. This pace is really uncomfortable... Looks like I have to wait until the holiday is over to see the clear direction.
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GhostInTheChainvip
· 3h ago
Institutions have all fled, MicroStrategy is still quietly accumulating, the gap is quite large. --- Traditional finance is bleeding us dry, our trading volume has directly shrunk, retail investors really can't hold on. --- The 87,000 support level is quite solid, but it feels like that's about it, no real breakthrough in sight. --- The holiday is coming, liquidity is even tighter, this round of market movement is really quite ugly. --- The enthusiasm for going long is locked up, even DeFi is trembling, it's a bit hard to hold on. --- Wait a bit, since we can't see much in the short term anyway, better to watch the 87,000 and 88,800 levels. --- Dare to boast about a 6.25% decline this year? Compared to the gains in US stocks and precious metals, we really need to rethink things here. --- Long-term players are stocking up, which gives me some comfort, at least no one is completely bearish. --- Liquidity crunch is like this, a single bearish candle appears and retail investors rush to buy the dip, institutions have already hidden away.
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bridge_anxietyvip
· 3h ago
Institutions are really hiding; chasing high at this point just means giving away money. I actually favor MicroStrategy's current accumulation of coins, at least for the long term, not afraid. If it can hold steady around 87,000, then a breakdown would be the real problem. --- The US stock market is rising sharply, and capital outflow is normal. Don't get caught up in it. Wait until after the holiday to see the real situation. For now, just watch the support level. --- Being stuck at 90,000 is just being stuck at 90,000. The bears are quite arrogant right now. But since MicroStrategy is still quietly accumulating, I think the bottom might not be that low. --- Spot ETF has been continuously net outflowing, indicating that institutions are indeed cautious. But this also means the bottom might be near; retail investors shouldn't be scared away. --- The 90,000 level is really firm; if it can't break through, it will just continue to oscillate. Instead of guessing the direction, it's better to wait for the trend to emerge, which is the safest. --- DeFi is under a lot of pressure, but the logic of Bitcoin itself is still there. Only if 86,000 breaks would it be considered a real drop. It's still early. --- Trading volume during the holiday will be even worse, but this is actually an opportunity for a surprise attack. What are you afraid of? The bottom is formed through this kind of grinding.
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GasGuzzlervip
· 3h ago
Institutions are withdrawing, and long-term accumulation is becoming somewhat interesting, but this market indeed makes people lose all desire to operate. --- The US stock market has risen so much, who still has the energy to watch the market? Diverting funds is very normal. --- The holiday is approaching, and the trading volume will definitely be worse. Let's wait until the 87000 level breaks. --- MicroStrategy is still accumulating, indicating that some people are still optimistic. The problem is retail investors can't keep up with the rhythm. --- DeFi faces significant pressure. Once regulatory expectations cool down, the entire narrative collapses, it's uncomfortable. --- A year-to-date decline of 6.25% is also remarkable. Traditional finance becoming popular will indeed divert funds. --- Stuck at 90,000 and can't break through, the bears are still talking, so short-term prospects are indeed bleak. --- Instead of messing around, it's better to honestly watch these two lines at 87000 and 3000, and act only after a breakout. --- Liquidity is so tight that small retail investors selling causes waves; the risk is actually quite high. --- How good can the trading volume be during the holiday? In my opinion, just endure this period.
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Degen4Breakfastvip
· 3h ago
Institutions run away, retail investors get crushed—that's the current situation. MicroStrategy still holding coins is somewhat interesting, but with the US stock market so strong, who has time to care about Bitcoin... --- If 87,000 can't hold, just go straight to 87, see you there. Anyway, not much trading before the holiday. --- A 6.25% drop this year isn't a big deal; the real issue is that the enthusiasm is truly gone. --- Wait, is all the capital flowing into precious metals? Why does it feel like everyone is speculating on something else... --- Long-term players are indeed not panicking; it's just that the short-term buying volume is a bit fake. --- The 90,000 level is really a bottleneck; breaking through will have to wait until institutions are in a good mood. --- The shrinking trading volume before the holiday is normal; don't overthink it. Just watch the lines at 87,000 and 88,800.
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DaisyUnicornvip
· 3h ago
Oh no, these days of liquidity exhaustion are really tough. Are the institutions all on vacation? Retail investors cause earthquakes with a single buy... Institutions are retreating, while MicroStrategy is still quietly accumulating. It’s like someone closing windows on a rainy day, and someone else opening them to let the breeze in. US stocks and precious metals are hot, but our crypto circle is being suppressed. This is the rhythm of traditional tracks stealing the spotlight, diverting all attention. The key support is at 87,000, with resistance at 88,800 to 90,000. Play within these ranges. Don’t guess short-term moves blindly; wait for breakout signals. As the holiday approaches, trading volume becomes even uglier. At this time, observation is more important than operation. This game of Bitcoin, long-term players are still positioning, which means no one has truly given up... Watch the flowers bloom and fall, wait for the breakout, don’t rush. During these quiet days for institutions, it’s probably the best test of patience, right? DeFi is experiencing some strong winds, and regulatory expectations are cooling down. No wonder it’s being suppressed.
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