The "Santa Rally" is facing a reality check today.
We are entering the thinnest liquidity zone of the year as major trading desks in New York and London go offline for the holidays. In this environment, order books get shallow, meaning price action can become "gappy"—where small orders trigger disproportionately large moves.
We are currently seeing a volatility compression in Bitcoin around the mid-$80k range. This isn't necessarily bearish; it's just apathy. The institutional volume that usually defends support levels is taking a break. If you are trading today, remember: you aren't fighting the trend, you're fighting the noise of algorithmic bots and low-volume chop.
Takeaway: A flat market on Christmas Eve is a win. Capital preservation is the best strategy when the volume disappears.
Are you watching the charts today or finally taking a digital detox? 👇
