diff --git a/public/app/plugins/datasource/loki/components/LokiQueryField.tsx b/public/app/plugins/datasource/loki/components/LokiQueryField.tsx
index f94d3aa03a3..4fb5196f309 100644
--- a/public/app/plugins/datasource/loki/components/LokiQueryField.tsx
+++ b/public/app/plugins/datasource/loki/components/LokiQueryField.tsx
@@ -66,6 +66,7 @@ export class LokiQueryField extends React.PureComponent<LokiQueryFieldProps, Lok
 
   render() {
     const { ExtraFieldElement, query, app, datasource, history, onRunQuery } = this.props;
+    const placeholder = this.props.placeholder ?? 'Enter a Loki query (run with Shift+Enter)';
 
     return (
       <>
@@ -81,6 +82,7 @@ export class LokiQueryField extends React.PureComponent<LokiQueryFieldProps, Lok
               onChange={this.onChangeQuery}
               onRunQuery={onRunQuery}
               initialValue={query.expr ?? ''}
+              placeholder={placeholder}
             />
           </div>
         </div>
diff --git a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoFieldWrapper.test.tsx b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoFieldWrapper.test.tsx
index 68455e77d34..48000161d9c 100644
--- a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoFieldWrapper.test.tsx
+++ b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoFieldWrapper.test.tsx
@@ -21,6 +21,7 @@ function renderComponent({
       onChange={onChange}
       onRunQuery={onRunQuery}
       runQueryOnBlur={runQueryOnBlur}
+      placeholder="Enter a Loki query (run with Shift+Enter)"
     />
   );
 }
diff --git a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.test.tsx b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.test.tsx
index 3c341a4e07c..a910e4112a1 100644
--- a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.test.tsx
+++ b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.test.tsx
@@ -16,6 +16,7 @@ function renderComponent({ initialValue = '', onRunQuery = jest.fn(), onBlur = j
       history={[]}
       onRunQuery={onRunQuery}
       onBlur={onBlur}
+      placeholder="Enter a Loki query (run with Shift+Enter)"
     />
   );
 }
diff --git a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.tsx b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.tsx
index 38464074038..92d35680a7b 100644
--- a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.tsx
+++ b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryField.tsx
@@ -6,7 +6,7 @@ import { v4 as uuidv4 } from 'uuid';
 import { GrafanaTheme2 } from '@grafana/data';
 import { selectors } from '@grafana/e2e-selectors';
 import { languageConfiguration, monarchlanguage } from '@grafana/monaco-logql';
-import { useTheme2, ReactMonacoEditor, Monaco, monacoTypes } from '@grafana/ui';
+import { useTheme2, ReactMonacoEditor, Monaco, monacoTypes, MonacoEditor } from '@grafana/ui';
 
 import { Props } from './MonacoQueryFieldProps';
 import { getOverrideServices } from './getOverrideServices';
@@ -70,17 +70,24 @@ function ensureLogQL(monaco: Monaco) {
   }
 }
 
-const getStyles = (theme: GrafanaTheme2) => {
+const getStyles = (theme: GrafanaTheme2, placeholder: string) => {
   return {
     container: css`
       border-radius: ${theme.shape.borderRadius()};
       border: 1px solid ${theme.components.input.borderColor};
       width: 100%;
     `,
+    placeholder: css`
+      ::after {
+        content: '${placeholder}';
+        font-family: ${theme.typography.fontFamilyMonospace};
+        opacity: 0.3;
+      }
+    `,
   };
 };
 
-const MonacoQueryField = ({ history, onBlur, onRunQuery, initialValue, datasource }: Props) => {
+const MonacoQueryField = ({ history, onBlur, onRunQuery, initialValue, datasource, placeholder }: Props) => {
   const id = uuidv4();
   // we need only one instance of `overrideServices` during the lifetime of the react component
   const overrideServicesRef = useRef(getOverrideServices());
@@ -94,7 +101,7 @@ const MonacoQueryField = ({ history, onBlur, onRunQuery, initialValue, datasourc
   const autocompleteCleanupCallback = useRef<(() => void) | null>(null);
 
   const theme = useTheme2();
-  const styles = getStyles(theme);
+  const styles = getStyles(theme, placeholder);
 
   useEffect(() => {
     // when we unmount, we unregister the autocomplete-function, if it was registered
@@ -103,6 +110,34 @@ const MonacoQueryField = ({ history, onBlur, onRunQuery, initialValue, datasourc
     };
   }, []);
 
+  const setPlaceholder = (monaco: Monaco, editor: MonacoEditor) => {
+    const placeholderDecorators = [
+      {
+        range: new monaco.Range(1, 1, 1, 1),
+        options: {
+          className: styles.placeholder,
+          isWholeLine: true,
+        },
+      },
+    ];
+
+    let decorators: string[] = [];
+
+    const checkDecorators: () => void = () => {
+      const model = editor.getModel();
+
+      if (!model) {
+        return;
+      }
+
+      const newDecorators = model.getValueLength() === 0 ? placeholderDecorators : [];
+      decorators = model.deltaDecorations(decorators, newDecorators);
+    };
+
+    checkDecorators();
+    editor.onDidChangeModelContent(checkDecorators);
+  };
+
   return (
     <div
       aria-label={selectors.components.QueryField.container}
@@ -206,6 +241,8 @@ const MonacoQueryField = ({ history, onBlur, onRunQuery, initialValue, datasourc
               editor.trigger('', 'editor.action.triggerSuggest', {});
             }
           });
+
+          setPlaceholder(monaco, editor);
         }}
       />
     </div>
diff --git a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryFieldProps.ts b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryFieldProps.ts
index 997256aeb32..56d310f7ff5 100644
--- a/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryFieldProps.ts
+++ b/public/app/plugins/datasource/loki/components/monaco-query-field/MonacoQueryFieldProps.ts
@@ -12,5 +12,6 @@ export type Props = {
   history: Array<HistoryItem<LokiQuery>>;
   onRunQuery: (value: string) => void;
   onBlur: (value: string) => void;
+  placeholder: string;
   datasource: LokiDatasource;
 };