"Bitcoin Price Discovery Phase: Be Wary of Seller Liquidity Crisis"

The cryptocurrency market has experienced waves of gains recently, and Bitcoin, as the market leader, is in a critical stage of price discovery. Crypto Quant CEO Ki Young Ju expressed his views on social media, warning that Bitcoin’s next cyclical top may exceed expectations in the event of a sell-side liquidity crisis.

Currently, Bitcoin’s price discovery process is ongoing, but constraints on seller liquidity could become a potential risk factor. Ki Young Ju noted that a sell-side liquidity crisis may arise once the cumulative addresses reach approximately 3 million BTC. This means that Bitcoin’s price can fluctuate wildly due to limited seller liquidity and thin order volumes.

At present, the pie has been hitting new highs, so don’t be too FOMO. keep Calm! Beware of deep corrections! #xrp #AMP #REEF #QI #BTC $AMP $BTC $XRP