Arthur Hayes: There are signs of slight improvement in market liquidity, but there is still a possibility that BTC may test $80,000 again

Arthur Hayes posted on social media that there are signs of slight improvement in current market liquidity:

• The Federal Reserve's quantitative tightening will stop on December 1, and this Wednesday may be the last balance sheet contraction.

• The scale of credit in the U.S. banking sector has expanded.

The market is currently consolidating below $90,000 and may test the lower $80,000 range again, but I believe the $80,000 level should hold. There may be small-scale positions built, but significant moves will have to wait until after the New Year.