Recently, I saw news about the US airstriking Venezuela, and the market reaction doesn't seem as big as expected. Bitcoin only had a brief retracement of 1.6%, then quickly stabilized.
From on-chain data, this performance is actually quite interesting. Signs of continuous accumulation are obvious, and there has been no panic selling. The technical outlook still maintains a short-term bullish structure, although some resistance levels have formed on the long-term moving averages.
Even more interesting is the liquidation data. Shorts were squeezed by 90 million, indicating how strong the underlying buying pressure is. The funding rates in the derivatives market have been running at low levels, suggesting that speculative enthusiasm remains moderate, with no crazy leverage behavior.
Considering all these factors, it seems the market's reaction curve to such sudden events is getting longer. How things will develop next still needs to be observed.
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DeadTrades_Walking
· 01-06 08:29
90 million shorts squeezed out, this is the real signal
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It was about time, the market's resilience is really getting stronger
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Still looking at technicals? Check on-chain data directly, money doesn't lie
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With such low fees, still dare to leverage? No wonder you're getting liquidated
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Can withstand sudden events, bottom accumulation confirmed without issues
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Interesting, geopolitical risks now can't scare this group at all
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1.6% and you want to dump? Haha, too naive
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Continuous accumulation is correct, but beware of long-term resistance levels
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It didn't break down this time, what about next time? Keep watching
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Low funding rates indicate the most about the situation; no one is bottom-fishing due to lack of confidence
View OriginalReply0
liquidation_watcher
· 01-04 04:56
Short positions were squeezed for 90 million? This is the real bottom signal. Bitcoin's resistance is getting stronger.
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A 1.6% drop and people want to dump? Laughs. This shows that the true chips already have a holder.
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Funding rates are still low, indicating that smart money is quietly accumulating. This is truly terrifying.
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The reaction time to sudden events is getting longer... Hmm, the market maturity is indeed improving. Let's see who can withstand the next wave.
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On-chain data doesn't lie. The signs of continuous accumulation are so obvious. The next step is predictable.
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The key is there is no panic selling. Do you understand what this means?
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The liquidation of 90 million short positions is happening, and a bottom consensus is forming. I am optimistic about the upcoming trend.
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What is there to fear about technical resistance levels? Only the true retail investors are scared by 1.6%.
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Derivatives are operating steadily, indicating it's not the time for madness yet. The accumulation phase must continue.
View OriginalReply0
EthMaximalist
· 01-03 09:54
Ha, the market is indeed not as fragile as before. The shorts were wiped out by 90 million, yet it managed to stay stable, indicating that there are indeed some underlying supporters.
It's probably the true accumulation phase, unlike before when a slight disturbance would cause a drop.
The 90 million liquidation makes me feel quite satisfied when looking at the data.
The reaction time to sudden events has lengthened, possibly meaning the market is more rational now? Or maybe no one wants to dump the market.
There are indeed people guarding the bottom.
View OriginalReply0
AmateurDAOWatcher
· 01-03 09:53
Haha, the market resilience is getting stronger, this is the feeling of a bottom
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Shorts were squeezed out by 90 million, how strong must the buying pressure be
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Honestly, Bitcoin is now immune to geopolitical news, and buying interest is taking the opportunity to accumulate
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Funding rates are low, no one is crazy about leverage, this is true stability
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Is the reaction time to sudden events getting longer? I think the market is becoming more rational
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On-chain data doesn't lie, with such obvious signals of accumulation, why not get on board?
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Shorts with 90 million liquidated, they should be crying now haha
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The short-term bullish structure is still there, long-term resistance levels don't need to be too feared, isn't it just about persistence?
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Why does it feel like black swans are getting softer? The crypto market's absorption capacity is really strong
View OriginalReply0
GweiObserver
· 01-03 09:46
Shorts of 90 million were squeezed out. This wave of buying is indeed fierce, more stable than unexpected events.
View OriginalReply0
GweiTooHigh
· 01-03 09:44
Shorts were squeezed out of 90 million, and that's the answer.
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1.6% decline? That's hilarious. Is this called a sudden event reaction?
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On-chain data can't be fooled; the accumulated signals are too obvious.
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Funding rates are low, indicating smart money is positioning, while retail investors are still glued to their phones.
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The observation that the reaction arc to sudden events is lengthening is spot on; the market is indeed maturing.
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Shorts liquidated for 90 million. Is the underlying buying volume this strong?
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When it comes to technical analysis, you still need to trust on-chain data. What does it mean that there wasn't a big drop this time?
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Another round of short squeeze game? I'll just watch quietly.
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The speculative heat is moderate, which sounds like the calm before a big move.
Recently, I saw news about the US airstriking Venezuela, and the market reaction doesn't seem as big as expected. Bitcoin only had a brief retracement of 1.6%, then quickly stabilized.
From on-chain data, this performance is actually quite interesting. Signs of continuous accumulation are obvious, and there has been no panic selling. The technical outlook still maintains a short-term bullish structure, although some resistance levels have formed on the long-term moving averages.
Even more interesting is the liquidation data. Shorts were squeezed by 90 million, indicating how strong the underlying buying pressure is. The funding rates in the derivatives market have been running at low levels, suggesting that speculative enthusiasm remains moderate, with no crazy leverage behavior.
Considering all these factors, it seems the market's reaction curve to such sudden events is getting longer. How things will develop next still needs to be observed.