2025-12-25 01:26:50

These past few days, I’ve been observing the market trends and I can’t help but feel that the liquidity situation in the crypto space is quite frustrating. Some small-cap coins can be easily pushed through the 7,000+ price level, which shows how dire the trading depth really is. Even more outrageous is that on certain trading pairs, Bitcoin can be moved within a range of over 20,000 in a single move—what kind of concept is that? How shallow does the order book have to be to allow such a situation?

Thinking carefully, this is not just an issue with individual coins. In trading pairs with insufficient volume, even with not very large funds, the price trend can be easily reversed—this is what’s known as the "pinning" phenomenon. Insufficient liquidity means a lack of genuine market participation depth, which gives large traders ample room for manipulation.

What does this reflect? On one hand, some small coins have inherently fragile fundamentals; on the other hand, it exposes the current market structure’s imbalance. Liquidity is concentrated at the top, while long-tail coins face a harsh trading environment. Such an ecosystem poses significant risks for retail investors. For the market to truly mature, it needs more genuine trading participants and deeper trading depth to improve the situation.

BTC0.18%

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Liquidated_Larry

· 19h ago

Alright, this is what the crypto world looks like now, big players cutting into retail investors and then trading pairs. The pump-and-dump phenomenon is too outrageous; my orders have fallen victim to this trick many times. Major coins are okay, but the trading pools for small tokens are like toys. When will this market truly deepen? With such poor liquidity, who dares to hold large positions in small tokens?

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Blockchainiac

· 19h ago

Poor liquidity like this, no wonder retail investors get played easily Big players harvesting retail investors really have no cost This market should have been regulated long ago Injecting liquidity like this is too outrageous, why is no one discussing it Leading coins monopolize liquidity, the long tail is a dead end, this ecosystem needs to change Rather than complaining, it's better to get on the leading projects early Small tokens at this point are too risky to even touch

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WalletWhisperer

· 19h ago

Coins with shallow liquidity are really not worth touching; a large order can wipe you out completely.

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BlockchainArchaeologist

· 19h ago

Really, I'm also stunned by the depth of small-cap coins. It feels like just a single order can smash the price to pieces. Major players here treat it like their own backyard, doing whatever they want. Wait, is that two thousand dollar volatility you mentioned real... how shallow does the pool have to be for that? To put it plainly, it's still too much liquidity concentrated at the top. The big players take the meat, the long tail drinks the soup, and retail investors are the ones getting exploited. When will this market finally improve? Participation really isn't enough right now.

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