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Weekend market activity was subdued, with little volatility; we haven't even seen a decent fluctuation. Recently, Bitcoin's performance has indeed been frustrating—an amplitude of 500 points per day sounds significant, but the trading experience is quite average. Yesterday, I was placing orders in perpetual contracts, but the order book depth was poor, making it impossible to execute smoothly. This kind of situation is really annoying.
Honestly, what I’m most looking forward to now is some real large-scale volatility in the market. Not only would it bring liquidity, but it could also help with shakeouts, creating conditions for subsequent upward movements. The current small-scale oscillation mode is too inefficient for active traders.
Additionally, I am also paying attention to geopolitical developments. If the situation between Iran and the US truly escalates, historical experience suggests it will usually trigger a chain reaction in risk assets. How the crypto market will move at that time depends on the specific developments of the events. At this stage, the oscillation itself might be testing the market’s bottom support strength.