TechFlow reported on January 8 that according to a chart released by Matrixport, fluctuations in global liquidity could exert some pressure on Bitcoin. Historical data shows that changes in liquidity typically lead Bitcoin's price movements by about 13 weeks. With the strengthening of the US dollar following Trump's re-election, dollar-denominated global liquidity has started to tighten, suggesting Bitcoin may enter a consolidation phase in the near term.
However, this consolidation is expected to be temporary. Overall, risk assets—especially Bitcoin—still demonstrate positive long-term potential. Nevertheless, given weaker liquidity conditions, traders should exercise greater caution, as these indicators have historically proven to be reliable market barometers.
