There are quite a few interesting signals in this round of market行情. From the volume perspective, the trading volumes of XRP, BNB, SOL, and ADA have fallen to new lows in 2025. The shrinking volume itself tends to amplify price fluctuations—any small movement can trigger a chain reaction.
Since the end of the year, the crypto market has been significantly retracing its gains from 2025, with risk appetite clearly cooling down. Funds have become more cautious and selective, no longer chasing highs. Meanwhile, the ETF flows for BTC and ETH continue to be net outflows, and their short-term performance looks more like deleveraging rather than institutional large-scale entry.
Sentiment remains somewhat suppressed. Recently, Bloomberg analysts issued a warning of BTC at 10K, which can easily trigger panic selling. Interestingly, institutions and large holders are operating in the opposite direction—BitMine announced ETH holdings reaching 4.11M, and such massive holdings are increasingly locking up supply. Over the past 48 hours, they have also been heavily anchoring and staking ETH, indicating the market is betting on further tightening of circulating supply.
The market is at a critical point. Whether BTC can hold support and re-establish above resistance is crucial. Large ETH holders continue to accumulate, and although market cap has slightly retraced and fear remains, their actions appear quite determined—showing a divergence between bulls and bears.
Altcoins are experiencing spreading risks; XRP has dropped to 1.85, repeatedly testing key support levels, and is somewhat weak in the short term. However, from a rebound perspective, volatility has increased. The market is still comparing BTC and gold’s movements, re-evaluating the positioning of “safe-haven assets vs. risk assets.”
In the short term, the outlook is bearish—shrinking volume and ETF outflows suggest the bears are taking the lead. But in the medium term, there are signs of a bullish trend because large holders are absorbing and staking ETH supply. If BTC can stop falling and stabilize, a rapid and fierce rebound could occur.
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NFT_Therapy_Group
· 15h ago
The shrinking supply is truly the most terrifying; any slight wind or movement can break through the support.
BitMine is stockpiling, indicating that the big smart money is still bullish.
Bloomberg keeps issuing bearish forecasts; will they be sleepwalking again this time...
Wait until BTC stabilizes before making a move; entering now is a bit too brave.
I understand the logic behind large holders staking ETH, which is betting on a rebound due to liquidity exhaustion.
I don't have the confidence to buy XRP at 1.85; altcoins still need to wait for signals.
The institutional reverse operation feels somewhat real, but retail is still cutting losses.
With such short-term bearishness, how can the rebound be so sudden and fierce in the medium term? The logic doesn't quite add up.
The fact that ETH supply is locked up is actually a positive, but the current market doesn't cooperate.
Let's wait and see; BTC's support levels still need to be tested a few more times at key positions.
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GmGmNoGn
· 15h ago
The shrinking volume is like that, even a single needle can cause bleeding.
It really is the big players quietly accumulating, while retail investors are frantically fleeing. It's quite interesting.
When will the prophets of 10K finally shut up?
The big holders haven't withdrawn from ETH, which means they still have a plan.
XRP dropping to 1.85 is really starting to be hard to hold on to.
Can we break out when the rebound comes? It depends on BTC's mood.
Big players are accumulating, retail investors are running, this is the real divergence.
The market with shrinking volume is most prone to missing out; why panic?
Tight supply is a good sign, but there are too few people listening now.
Institutions are buying up, claiming to be bearish, but their actions are quite honest.
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MiningDisasterSurvivor
· 15h ago
It's the same old story again, big players locking in positions, supply tightening, and the rebound being rapid and fierce... I've heard this so many times before, back in 2018 when USDT was being inflated as well.
Reduced volume itself isn't anything new; the real issue is that retail investors have long run out of ammunition. ETF net outflows are the real signal, to be honest, even institutions are feeling hesitant.
XRP dropped to 1.85 and is still testing support here—give me a break. I just find this coin really frustrating to watch.
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UnluckyMiner
· 15h ago
When the volume shrinks, it's the easiest time to crash the market. Quickly protect your positions.
BitMine's move this time is really brilliant. Taking advantage of panic to eat up, waiting for the rebound to come and you'll laugh to death.
BTC 10K? That's nonsense. Bloomberg people just know how to create panic.
I'm a bit nervous when XRP drops to 1.85. Altcoins are indeed risky.
Large investors are frantically staking ETH. Isn't this a bullish signal? The bottom shouldn't be far away.
With such poor volume, a rebound would be easier to trigger an explosion. It all depends on whether BTC can stop the bleeding.
It feels like bulls and bears are fighting, but judging by the actions of the big players, they are obviously bottom-fishing.
There are quite a few interesting signals in this round of market行情. From the volume perspective, the trading volumes of XRP, BNB, SOL, and ADA have fallen to new lows in 2025. The shrinking volume itself tends to amplify price fluctuations—any small movement can trigger a chain reaction.
Since the end of the year, the crypto market has been significantly retracing its gains from 2025, with risk appetite clearly cooling down. Funds have become more cautious and selective, no longer chasing highs. Meanwhile, the ETF flows for BTC and ETH continue to be net outflows, and their short-term performance looks more like deleveraging rather than institutional large-scale entry.
Sentiment remains somewhat suppressed. Recently, Bloomberg analysts issued a warning of BTC at 10K, which can easily trigger panic selling. Interestingly, institutions and large holders are operating in the opposite direction—BitMine announced ETH holdings reaching 4.11M, and such massive holdings are increasingly locking up supply. Over the past 48 hours, they have also been heavily anchoring and staking ETH, indicating the market is betting on further tightening of circulating supply.
The market is at a critical point. Whether BTC can hold support and re-establish above resistance is crucial. Large ETH holders continue to accumulate, and although market cap has slightly retraced and fear remains, their actions appear quite determined—showing a divergence between bulls and bears.
Altcoins are experiencing spreading risks; XRP has dropped to 1.85, repeatedly testing key support levels, and is somewhat weak in the short term. However, from a rebound perspective, volatility has increased. The market is still comparing BTC and gold’s movements, re-evaluating the positioning of “safe-haven assets vs. risk assets.”
In the short term, the outlook is bearish—shrinking volume and ETF outflows suggest the bears are taking the lead. But in the medium term, there are signs of a bullish trend because large holders are absorbing and staking ETH supply. If BTC can stop falling and stabilize, a rapid and fierce rebound could occur.