BREAKING
74d 12h ago

Bitcoin: Low Volume and High Volatility on Thanksgiving Create Tactical Trading Opportunities, Not a Structural Trend (Swissblock)

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News, citing Swissblock, notes that during the U.S. Thanksgiving holiday, Bitcoin exhibited muted trading volume alongside pronounced volatility, a pattern consistent with temporary liquidity stress rather than a durable trend formation.

The note characterizes current moves as tactical in nature, offering limited directional conviction and presenting a window for opportunistic entries or prudent exits rather than signaling a shift in fundamentals.

With macro liquidity and fund flows still subdued, analysts warn that price swings should be treated as market noise. Emphasizing risk controls and defined stop levels helps prevent overexposure during light-volume episodes.

As liquidity conditions evolve, readers are advised to monitor broader indicators and await credible signals before extending positions, maintaining a cautious stance on the crypto macro backdrop and focusing on risk-adjusted strategies.

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