Is this correction really signaling a major shift? I recently came across a pretty noteworthy opinion.
The CEO of CryptoQuant recently stated that most of Bitcoin’s key on-chain indicators are now flashing red. His assessment is quite straightforward: if there isn’t new liquidity coming in on the macro level to support the market, we might really be heading into a bear cycle.
To be honest, sometimes on-chain data tells you more than price charts can. The market sentiment is definitely a bit tricky right now—on one hand, there are warning signals from a technical perspective, and on the other, it depends on whether the Fed will inject more liquidity. At times like this, it might really be wise to watch more and act less.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
6
Repost
Share
Comment
0/400
TaxEvader
· 12-07 00:56
Red lights are flashing everywhere, this time it really feels like it's over. Should I sell the little bit of crypto I've been holding...
On-chain data doesn't lie, but the Fed might not bail out the market either—that's what's really painful.
Here we go again, every time people say it's a bear market, but then it rebounds. I'm numb already.
Does CryptoQuant saying "red light" really mean it's going to drop? I'm curious to see how low it can go.
It's easy to say "watch more, trade less," but my hands are itching, bro. This period is really tough to get through.
Wait, about liquidity—if the Fed makes a move, all those earlier warning signals might be meaningless.
But then again, is this actually a buying opportunity? Or should I just wait a bit longer?
Feels like every day I'm just gambling on what the Fed will do. When will this cycle ever end?
View OriginalReply0
FloorSweeper
· 12-06 23:47
Red flags are everywhere, I've heard this talk a million times, but it still went up, haha.
On-chain data is impressive, sure, but making money is all about mindset. Just never go all in, that's the key.
Will the Fed print more money or not? Who knows right now, I'm just here to watch the show.
Wait, wait, wait, is this really going to dump? The bottom fishers are about to pop champagne again.
Watching more and doing less is good advice, but it's really hard to do—my fingers are always itching to trade.
View OriginalReply0
gaslight_gasfeez
· 12-04 09:06
Red lights are everywhere. Every time people say it's over, but what happens... we just keep going.
View OriginalReply0
just_vibin_onchain
· 12-04 09:03
Red lights are everywhere, and we're still waiting for the Fed to inject liquidity. This script feels a bit familiar.
---
On-chain data looks worse and worse, but I still don't believe the CQ crowd can time it perfectly.
---
Watch more, act less? That's spot on. Making a move now is just catching a falling knife.
---
If the bear market cycle is coming, so be it. I don't have much principal left anyway.
---
Waiting for liquidity? Wake up, this time it might really be different.
---
Whether the Fed will inject liquidity is still uncertain, but red lights are flashing on-chain.
---
So the question is, should we be accumulating coins or should we get out?
---
Every time they say things are about to change, but there really are a lot of red lights this time.
---
Don't scare me, I haven't bought the dip yet.
View OriginalReply0
ApeEscapeArtist
· 12-04 08:54
I had a feeling there would be red lights everywhere; it was just a matter of who couldn't resist and cut their losses first.
Liquidity is really the lifeline—without it, everything else is just a paper tiger.
But if Powell really starts printing money, all these red lights could turn green in no time. That's just how fickle the market is.
On-chain data can't lie, but prices can fool you all day long—that's the most painful part.
If it's a bear market, so be it. It's not the first time; I'm used to it.
There's nothing wrong with "look more, act less," but the problem is, my hands itch—I just can't hold back.
With so many red lights flashing, I'm actually tempted to buy the dip. Guess I'm just asking for it.
View OriginalReply0
unrekt.eth
· 12-04 08:47
You get used to red lights after a while; anyway, you shouldn't put all your eggs in one basket.
On-chain data tells a story, but I trust my own instincts more. This time, there might really be a shakeout.
Let's wait for the Fed's announcement. Until then, just lie low and don't fall for any tricks.
Why does it feel like every time they say things are about to change, it ends up rebounding? That's just how this circle is.
Macro liquidity is king; technical analysis is just noise. Once you see that clearly, you'll make money.
Watching more and acting less is fine, but only if you're actually observing and not just gambling.
Is this correction really signaling a major shift? I recently came across a pretty noteworthy opinion.
The CEO of CryptoQuant recently stated that most of Bitcoin’s key on-chain indicators are now flashing red. His assessment is quite straightforward: if there isn’t new liquidity coming in on the macro level to support the market, we might really be heading into a bear cycle.
To be honest, sometimes on-chain data tells you more than price charts can. The market sentiment is definitely a bit tricky right now—on one hand, there are warning signals from a technical perspective, and on the other, it depends on whether the Fed will inject more liquidity. At times like this, it might really be wise to watch more and act less.