The market is clearly "lacking money" right now, and liquidity is very poor. There aren't many people wanting to sell coins, but prices haven't risen either, which indicates that fundamentally no one wants to buy. Stablecoins like USDT have started to show negative premiums, indicating that capital is continuously flowing out of the market—despite Bitcoin and altcoins falling, the price of U hasn't rebounded, suggesting that people lack even the interest to buy at the bottom. Without capital coming in, it means that once a large holder wants to cash out, no one is willing to take over, and the price could directly drop with a large bearish candle.

The current market atmosphere is very confusing, and many people don't know what to buy. Even if they try to dabble in altcoins, it's hard to achieve a 20% increase, only to see it drop back to where it started in an instant. Repeated "false breakouts" have weakened everyone's confidence, and money has been exhausted. Therefore, this market condition is not suitable for frequent short-term trading, even less so for heavily investing in altcoins, and leveraged contracts are not recommended either. The truly safe approach is to invest in small amounts multiple times, gradually building a position and waiting for the market to warm up. #加密市场回调