Davie Warns of Weaker Liquidity, Both Spot and Futures See Outflows
According to Twitter user Davie, the current market liquidity is weakening, with outflows occurring in both the spot and futures markets. Specific data shows that the spot market had a net sell-off of $101.0 million within 4 hours, accumulating a total net sell-off of $95.3 million over 24 hours; the futures market saw a net outflow of $691.7 million in 4 hours, with a total net outflow of $2.3 billion over 24 hours. Due to the pressure on liquidity, bullish sentiment has cooled. Davie advises investors to operate cautiously in the current market, avoiding blind chasing of long positions, and suggests waiting for liquidity to strengthen before entering the market. For investors who have already opened positions, Davie reminds them to set stop-loss orders to respond to market fluctuations in a prudent manner.
-- Price
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