Greeks.live: Crypto market trading volume has dropped significantly this week
PANews reported on April 26 that Greeks.live macro researcher Adam posted on the X platform that the trading volume of the crypto market has dropped significantly this week, Bitcoin and Ethereum have fluctuated at low levels, and the weakness of the market has led to a sharp decline in IV of major maturities. Since the halving, Dvol has dropped by as much as 15%. The halving has failed to bring volatility, resulting in accelerated selling by a large number of option sellers.
ETF funds have recently flowed out, and market sentiment is relatively depressed. Last week, it was mentioned that the whales lack confidence in the future market. At present, this trend has not changed, and BTC faces great resistance to return to its historical high.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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