The liquidity in the market is still relatively low, and the turnover rate is not high. From the data, the current turnover rate has dropped to bear market levels, mainly because short-term investors are trading frequently, while early investors have basically been inactive over the weekend. Tomorrow, American institutions and investors will end their Christmas holidays, and market liquidity may gradually recover.

Looking at the stock data of Bitcoin on exchanges, the numbers have been continuously decreasing, which means more and more Bitcoin has been moved from exchanges to cold wallets. This trend has been maintained. This indicates that most investors buying Bitcoin want to engage in price investment, holding for a longer period, and have no intention of exiting. The stock of Bitcoin on exchanges has also dropped to its lowest point since March 2019, indicating that investors are relatively optimistic about Bitcoin's future performance.

Currently, the main driving force of the crypto market still relies on sentiment, and the biggest source of this sentiment is the power transition of Trump. #币安MegadropSOLV #本周微策略是否继续增持BTC？ #比特币走势观察