2026-01-02 07:23:18

Liquidity clearly declined during the holiday period, with prices oscillating repeatedly between $2,900 and $3,010 without a clear breakout direction.

Currently, the largest accumulation of chips is still at $2,772, where there is considerable selling pressure. The on-chain turnover in the past 24 hours is about 180,000 coins, down significantly from 330,000 coins the day before, indicating that market activity has indeed become somewhat sluggish.

Interestingly, the most active chip flow occurs between $2,920 and $3,020, while a sudden turnover of over 10,000 coins appeared at $3,500. Other levels mostly see scattered trades of a few hundred coins.

The entire support zone from $2,772 to $3,050 now has nearly 13.41 million chips accumulated. This dense chip band still holds significant reference value for the subsequent trend.

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ImpermanentLossFan

· 7h ago

Holiday market trend just like this, even the big players are getting lazy

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DogeBachelor

· 7h ago

The holiday really put the market to sleep, and now it's just oscillating back and forth to harvest retail investors. It's not interesting at all, everyone is just crowding together, waiting to see who will break the pattern first. What's going on with that 3500 yuan transaction? Is it an isolated incident or someone testing the waters?

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MissedTheBoat

· 7h ago

Lying flat during the holiday, the market is also lying flat, this is my favorite rhythm. Nothing groundbreaking, just repeatedly rubbing there. I think I need to be more patient and wait a bit longer.

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ForkThisDAO