Recently, the cryptocurrency market has shown some interesting dynamics. Although the overall market has not experienced a significant fall, and there are even slight rebound signs, a closer look at the exchange data reveals a different story.



Recent statistics show that the spot trading volume of major cryptocurrencies has significantly declined. The spot trading volume of Bitcoin (BTC) plummeted by 73%, Ethereum (ETH) fell by 50%, and HYPE dropped by a staggering 78%. This drastic shrinkage in trading volume is alarming, as trading activity is often seen as a leading indicator of market uptrends.

Considering this situation, we can speculate that the current market state may continue to exhibit a volatile trend for some time. Investors should closely monitor the development of this trend, as it may indicate the direction of future market conditions.

Interestingly, in a generally sluggish exchange environment, SUI stands out as the only asset among the top ten encryption currencies with an increase in trading volume. This unusual phenomenon has sparked numerous speculations in the market, with some questioning whether large holders are continuously buying in, but the specific reasons remain unclear.

Overall, although the market appears calm on the surface, underlying volatility still exists. Investors need to consider these factors comprehensively when making decisions and remain vigilant. In the near future, the market may continue to fluctuate around current levels until a new strong driving force emerges.
BTC2.78%
ETH3.6%
HYPE5.59%
SUI3.84%
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SilentObservervip
· 07-30 03:09
The volume is too low.
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RektRecordervip
· 07-29 16:29
Market sees a rebound
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GateUser-a6cc3225vip
· 07-27 08:10
big dump soon
View OriginalReply0
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