Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
⚠️ BITCOIN LIQUIDITY IS DRYING UP
Bitcoin’s market depth — the real buffer that absorbs large buy and sell orders — is still over 30% below its October peak.
That means the order books are thin, not broken… but fragile.
The last time liquidity thinned this much was after the FTX collapse. Price didn’t move because of massive volume — it moved because there was nothing to resist it.
When liquidity is this low:
• Small flows create outsized moves
• Volatility returns without warning
• Price reacts faster than sentiment
This isn’t about direction.
It’s about sensitivity.
In a thin market, liquidity — not news — becomes the trigger.
#Bitcoin #BTC