Post
山顶冻人—巨石学院
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No wonder the market lacks liquidity; it turns out foreigners take their Christmas holidays straight until January.
Friends who have been watching the market recently should have felt it—liquidity in the crypto market is really poor these days, and it takes ages for an order to get filled.
I looked through the Christmas holiday schedule of various countries and realized:
Foreigners' 'New Year Holidays' (Christmas + New Year) last for almost half a month, and the core trading circle has collectively 'gone offline'.
First, let me highlight: about 60% of the trading volume in the crypto market comes from Europe and America, and Oceania, where the holidays are not just 'a few days off', but a complete 'shutdown until January'—
In the United States, there are only 1 day for Christmas and 1 day for New Year, but companies basically take off from December 22 to January 5, with everyone in the finance and crypto circles on holiday; they don't have a 'duty' during this break, they just turn off their computers at the designated time.
I looked through the Christmas holiday schedule of various countries and realized:
Foreigners' 'New Year Holidays' (Christmas + New Year) last for almost half a month, and the core trading circle has collectively 'gone offline'.
First, let me highlight: about 60% of the trading volume in the crypto market comes from Europe and America, and Oceania, where the holidays are not just 'a few days off', but a complete 'shutdown until January'—
In the United States, there are only 1 day for Christmas and 1 day for New Year, but companies basically take off from December 22 to January 5, with everyone in the finance and crypto circles on holiday; they don't have a 'duty' during this break, they just turn off their computers at the designated time.
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