How can I put it? The recent market is really confusing. Look at the missing liquidity. The gas fee of the main network is surprisingly low, even lower than during the bear market! I even wonder if I have returned to the days of staring at the screen every day, hoping that the numbers will jump.
However, when I look back at the price of BTC, oh my, it’s incredible. The $60,000 pie is shining, and it’s hard to say that this is a bear market. This situation reminds me of the absurd feeling of going to the supermarket to buy things, the shelves are empty, but the price at the checkout tells you that it is a Christmas sale.
So, this is really not a bear market in the traditional sense, but it is a bit like a copycat version of a bear market, plus a little emotional bear market. What about liquidity? It may have gone somewhere to pursue a more favored market, or just hide and play hide-and-seek. Don’t worry, liquidity will always come back, just like a lost kitten finding its way home!
