Warning! Bitcoin trading volume has plummeted, and the market faces a significant turning point!
April 30, 2025 - Latest data shows that Bitcoin spot trading volume has sharply declined, and market sentiment has drastically changed. According to an analysis by blockchain data company Glassnode, Bitcoin trading volume has significantly dropped in the past three days, especially starting from April 27, when trading volume sharply decreased to -30.9 million dollars, and further fell to -193.4 million dollars on April 29 (based on a seven-day moving average).
Analysts believe that this sharp decline may indicate that the market is facing a significant turning point, with sellers dominating the market and buyer interest significantly weakening, potentially leading the market into a recession.