The Chinese community is divided on the short-term trend, with traders focusing on downward pressure caused by liquidity exhaustion.
BlockBeats News, on December 23, Greeks.live researcher Adam posted on social media that there are disagreements within the Chinese crypto community regarding the short-term trend of bitcoin. Some traders are concerned that the $90,000 resistance level will be difficult to break through, and the market may enter a bearish correction. Traders are paying attention to the downward pressure caused by liquidity drying up before Christmas, with long contract positions continuing to be squeezed, intensifying market volatility, while volatility has dropped significantly to historical lows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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