The "year-end short-term liquidity decline" has begun to end, liquidity is gradually improving, and the US stock market and Bitcoin are starting to stabilize overall; there are 1,600 large sell orders at the 100,000 mark for Bitcoin on Binance spot, Bitcoin needs either significant positive news to break through the 100,000 mark with volume, or this large order to be canceled; otherwise, Bitcoin is likely to maintain fluctuations around 95,000 to 100,000 in the near term.
1. This morning at 6 AM, the overnight reverse repurchase usage ON RRP dropped from nearly 470 billion to about 240 billion; at the same time, the dollar's base liquidity began to rise from 5.66 trillion to 5.9 trillion.
2. From 2 AM on December 31 to now, there are 1,600 BTC sell orders at the 100,000 mark on Binance spot; if this order is not canceled, Bitcoin will need significant positive news to push through the 100,000 mark with volume, which may be somewhat difficult in the next few days (if the large order is canceled, I will update everyone in time).
