"Pedestrians on the road want to die" April 3

The liquidity of the market has reached its lowest level. From Sunday morning to Monday morning, the Binance BTC exchange only had less than 1 billion US dollars left, and only a handful of them can exceed 100 million. MASK, CFX and other strong market makers are washing the volume. They all stopped firing, which shows the low trading desire.

Due to insufficient trading volume, the price of BTC fluctuates in a narrow range (27-28.5K). The next stage of the market may be driven by US stocks. This week’s non-agricultural sector and April’s earnings season may be the driving force for the market.

As the Nasdaq returned above 12K, ETH and altcoins failed to keep up due to liquidity and deposits and withdrawals, and BTC, which has the strongest chips, was the strongest. In the short term, the size transformation still depends on liquidity.

In addition, when the small cycle is weak-strong, it is still a good trading idea to follow the strong Alts of the previous period on the right side.