$BTC The market is clearly "lacking funds" now, and liquidity is very poor. There are not many people wanting to sell coins, but the prices have not risen either, indicating that basically no one wants to buy. Stablecoins like USDT have started to show negative premiums, which shows that market funds are continuously flowing out – even though Bitcoin and altcoins have fallen, the price of U has not rebounded, indicating that people are not even interested in bottom-fishing. Without new funds coming in, it means that if a large holder wants to cash out, no one is willing to take over, and the price could directly plunge with a large bearish candle.
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