Filter out all the flashy market noise and calmly look at MERL’s current trend—you’ll see a rather harsh situation.



What’s happening in this market? Liquidity is rapidly draining, and there’s a severe imbalance between buy and sell orders. Over the past few weeks, MERL’s performance has basically confirmed this assessment—the data doesn’t lie; capital is retreating, and there’s clearly a lack of buying interest.

Once this kind of supply-demand structure forms, it’s not something that can be reversed in just a day or two.
MERL-0.17%
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OnchainArchaeologistvip
· 19h ago
Liquidity droughts like this are just painful to watch. --- Rather than blaming MERL, it's more accurate to say this round of mass exit is systemic. --- The market never lies, it's just that we're all deceiving ourselves. --- Lack of willingness to catch the falling knife... this is absurd, all the retail investors have fled. --- I've heard the keyword "supply-demand imbalance" too many times, but there's still no rebound. --- Look at it calmly? Bro, I've been numb from being calm for a while now, just waiting for a signal. --- A reversal in this situation? I think we'll have to tough it out for at least another two or three months. --- Capital withdrawal is the most honest vote, everything else is just noise. --- This round with MERL is really disappointing, the vibe is completely gone. --- All the flashy stuff should definitely be filtered out, but the truth just hits too hard.
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screenshot_gainsvip
· 12-09 08:27
That feeling when liquidity is off the charts... Honestly, I really can't see any reason for a rebound.
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SneakyFlashloanvip
· 12-08 20:36
With liquidity like this, there’s really no hope in sight.
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CountdownToBrokevip
· 12-07 18:01
Liquidity has indeed evaporated; MERL can't hold up this time. --- All the funds have fled; who would dare to catch the falling knife... How long do we have to endure this? --- To put it bluntly, nobody wants it. Let's wait a bit longer. --- The market data doesn't lie; the exit signals are too obvious. --- Want a reversal? You'll have to wait for big money to return first. It's not happening in the short term. --- This is what a supply-demand imbalance looks like; it can't be reversed.
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NFTFreezervip
· 12-07 18:01
Liquidity exhaustion, simply put, means nobody wants it—the data speaks for itself. --- This round for MERL is really looking risky; the funds have withdrawn and the bagholders have also left. --- Once supply and demand are locked in imbalance, you want a comeback? Ha, don’t even think about it for months. --- The market doesn’t lie, but unfortunately, most people just don’t look. --- The lack of willingness to buy in is way too obvious, yet some people are still trying to catch the bottom?
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WalletsWatchervip
· 12-07 17:54
Liquidity evaporation, simply put, means no one dares to catch the falling knife. --- This wave for MERL is really tough; the data speaks for itself. --- Once the supply-demand imbalance gets stuck, it’ll take a long time to rebound. --- With such obvious capital outflows, are there still people bottom-fishing? I really don’t get it. --- The market doesn’t lie; there are fewer and fewer bagholders left. --- A reversal in this situation? It would take new big capital entering the market. --- With such a severe imbalance in buy and sell orders, there’s probably no hope in the short term.
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MEVSandwichMakervip
· 12-07 17:46
The liquidity withdrawal... I saw it coming a long time ago. MERL's price movement is indeed pretty miserable. All the bag holders have already run away.
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GhostWalletSleuthvip
· 12-07 17:46
Once liquidity runs out, nothing else matters.
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