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Over the past 7 days, we have seen a sharp surge in futures trading volume across most major crypto assets. Bitcoin ($BTC ) futures volume jumped by 64%, while Ethereum ($ETH ) saw a 58% increase. $XRP recorded an impressive 78% rise, and Solana ($SOL ) futures volume also climbed by 58%. This sudden spike in futures activity marks a clear reversal from the previous month’s trend, where futures volumes were steadily declining. Increased futures volume often signals rising market participation and could lead to higher volatility in the coming days.
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Today is green But It is just green compared to the yesterday dip $BTC
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In Nov 2024 we were targeting 10x and today we are now targeting Nov highs. It will never be easy to read the market but we can check 35 years Nasdaq chart and see the recovery period of 25% drop in the past. #BTCvsMarket
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$SUI was unable to reclaim the triangle trendline, which caused the price to drop from that point. This illustrates the importance of waiting for confirmation. Currently, the price is testing the resistance area, and we will see if it can break above it. A breakthrough above $2.10 could lead to further upward movemen.
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