2025-12-25 02:51:02

#比特币流动性 $BTC reaching the 24,000 level is indeed quite impressive.

Recently, the market has been discussing liquidity issues. Holidays can indeed affect trading depth, but have you considered that there might be more than just time costs behind this? The movement of ETF funds, differences in fund allocation among exchanges—these factors combined could be the real drivers behind market volatility.

But looking at it from another perspective, the performance of $ETH reveals a lot. On-chain activity on Ethereum, the popularity of ecosystem applications—keeping an eye on these fundamental indicators is more interesting than just chasing prices. What does everyone think? Is liquidity tightening the main reason, or is a structural adjustment underway?

BTC0.74%

ETH0.44%

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GasWaster

· 16h ago

Liquidity has indeed been exaggerated; the key is how ETF moves on that front. --- The 24,000 is really just a false alarm; looking back, it's the same as before. --- On-chain ETH data is the most accurate; everything else is noise. --- What holiday impact? Whenever someone is determined to dump, they can do it anytime. --- Structural adjustments are definitely underway; if you can feel it, then it's already too late. --- The differences in allocation among exchanges have been addressed well; major players have been waiting there for a while. --- Looking at price alone makes you a bagholder; sorry, not targeting anyone. --- The movement of ETF funds is the decisive factor; everything else is just a supporting role.

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ApeWithAPlan

· 16h ago

Liquidity is indeed complicated, but honestly, once the ETF funds came in, there hasn't been a moment of rest. I think the on-chain data of ETH is the real litmus test; don't just focus on price movements. The 24,000 level feels like a test; let's see how the reduced volume reacts before making any conclusions. Holiday trading depth is really shallow, but this wave of gains is a bit beyond expectations. That's right, I agree with the view that a structural adjustment is happening; it's not just a simple liquidity issue. Wait, is there any data on the differences in ETF fund allocations? It seems a bit far-fetched. I'd rather see how the big players are operating these days; it's much more useful than just listening to these theories.

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GateUser-addcaaf7

· 16h ago

Liquidity crunch is a bit of a cliché; the key is to see what the ETF is actually doing. Honestly, instead of watching the charts, it's better to see what's happening on the ETH on-chain. 24,000 is indeed a rapid surge, but using the holiday as an excuse is too weak. To put it simply, structural adjustments are the main event, and liquidity is just superficial.

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CrashHotline

· 16h ago

Liquidity? Bro, I think this is just funds being shaken out; don't be fooled by the holiday excuse. The real signal is on the ETF side; we need to keep a close eye. If 24,000 can't be broken, it's just a pullback, don't panic. This round of rapid rise can't escape structural adjustments. Honestly, it's the exchanges moving funds, with the main players eating up the chips. If ETH doesn't rise, this wave of BTC will be pointless. Holiday impact? Nonsense, someone is just dumping. Fundamental data is the key; candlestick charts are all deceptive. Feels like they're shaking out retail investors, everyone, don't shake your hands.

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AirdropFatigue

· 16h ago

24,000 this wave of increase is too abrupt, feels like funds are dumping ETFs are indeed accumulating, but can the exchange's liquidity be sustained with such poor trading volume? When it comes to ETH, it's still about the fundamentals; chasing the price can easily lead to being crushed

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MetaLord420

· 16h ago

Liquidity crunch sounds nice; in plain terms, it's just the big players dumping the market. Can ETF entry really improve anything?

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MEVVictimAlliance

· 16h ago

Liquidity crunch my ass, in reality, it's just big players dumping their holdings, holidays and all are just excuses. On-chain data for ETH looks good, but it’s still following BTC’s plunge. Wait, you mentioned ETF fund differences, this part is indeed easy to overlook. 24,000 feels impressive? Last year it reached 60,000, wake up, everyone. Structural adjustments sound nice, but actually it’s just trapped positions escaping.

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