2025-12-26 02:20:42

Looking back at the market trends over the past year, to be honest, it’s a bit heartbreaking. From around last Christmas to now, the entire market has basically shown little improvement.

Among the mainstream cryptocurrencies, only a few have withstood the pressure—BNB increased by 19.6%, and ZEC surged even more dramatically by 506.2%. And the others? Mostly trending downward. $OP experienced the worst decline, dropping by 86.5%.

What’s the most heartbreaking? Even if you believe in the long-term holding theory, choosing the wrong entry point can still be disastrous. For example, entering near the high point around last Christmas, holding for a long time, still results in being trapped. Even holding Bitcoin, if you pick the wrong position, you end up staring at the peak in frustration.

So sometimes, the losses experienced by long-term holders are no easier than those of short-term traders. This reality is quite harsh.

Recently, a well-known industry figure clarified market volatility, stating that he did not participate in any operation to push Bitcoin down to $24,000. His explanation is as follows: the current market liquidity is too tight, and a large sell order can trigger a chain reaction, causing prices to either plummet or skyrocket. Then arbitrageurs take advantage of the situation by buying low and selling high on other trading pairs, allowing the market to gradually recover.

This explanation sounds interesting—essentially, whoever holds the most chips is the most likely to influence the price trend. From another perspective, this also highlights the severity of the problem: the current market depth is clearly insufficient, making it very easy for large trades to impact the price.

Looking ahead, the past year has indeed been a test for most coin holders. These phenomena also tell us that in an environment of tight liquidity and market fragility, whether long-term or short-term, the timing of buying, understanding of liquidity, and judgment of project fundamentals all become extremely critical.

BNB0.24%

ZEC0.29%

OP1.56%

BTC1.55%

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ImpermanentSage

· 6h ago

In other words, there is no absolutely safe position; timing is the key.

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SolidityJester

· 7h ago

In simple terms, it's just that the retail investors have no chips, and big players can dump whenever they want. --- The 506% increase of ZEC is truly exceptional. Why are other coins so weak? --- Choosing the wrong timing is like betting on the wrong direction. Holding long-term can't save you either. --- Tight liquidity, to put it nicely, is just a sign that the market is too weak. --- Those who entered last Christmas are still lying on the floor now. --- The higher the concentration of chips, the easier it is to be cut. This market is seriously ill. --- OP's 86.5% drop is just too brutal. Who can withstand that? --- Instead of believing in long-term holding, it's better to learn how to read liquidity depth. --- Timing is really a hundred times more important than which coin to buy.

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ResearchChadButBroke

· 7h ago

Those who entered at the Christmas high are all big fools. Still holding on stubbornly now.

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0xSherlock

· 7h ago

OP drops 86.5%, I just have to say wow, this is my blood, sweat, and tears story --- Honestly, it still depends on who holds the big chips; retail investors are doomed to be crushed --- Long-term holding is a joke; I bought at a high point and now I’m just a sucker --- The liquidity crunch should have been exposed long ago; the market is so fragile --- ZEC rose 506%, why? Why didn’t anyone tell me in advance? --- The cruelest thing in the crypto world is, you’re not wrong, but if you miss the right timing, you still get wrecked --- So ultimately, it still comes down to aligning with the big players; otherwise, it’s just pointless worry

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GasFeeNightmare

· 7h ago

Really, those who bought at the peak last Christmas are still enjoying the view from the top now. OP has fallen 86.5%, this number makes my heart tired to look at. To put it simply, those with more chips have the final say; we retail investors are just the ones being harvested.

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MentalWealthHarvester

· 7h ago

Basically, it's about timing the market. The long-term holding argument should have gone bankrupt long ago.

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GasFeeLady

· 7h ago

timing is literally everything... watched my entry point at 24k bth turn into a whole catastrophe. honestly though that liquidity depth argument just screams whale games to me ngl

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RebaseVictim

· 7h ago

What’s the situation now for those who bought near the Christmas high? --- ZEC surged 506% — that's outrageous. Why didn't anyone remind me about this thing? --- Basically, it's still the whales playing. When liquidity tightens, it’s all about who has more chips. --- Holding BTC is also uncomfortable. If you pick the wrong position, you'll get deeply trapped. Long-term holding with this theory really can be deceptive. --- OP dropped 86.5%... I just want to ask, are you still holding up well, everyone? --- Is it really so easy to dump when liquidity is insufficient? The market is indeed too fragile. --- So, what exactly should we do? Timing is something you just can't get right. --- Another year has passed. If you're still losing money, please raise your hand. I'm right here with you. --- The big players say they didn't dump, but with such poor market depth, who would believe that? --- BNB only rose 19%, which is considered holding up under pressure. The market really hasn't moved much.

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