Last night I drank and danced with a group of post-05s until the morning, felt terrible all day and just recovered. I checked Twitter and WeChat and found that it seems I didn't miss anything.

I looked at the data again and found that even the trading volume of $BTC has shrunk to almost nothing; so far, it's only one-third of what it was a few days ago. No wonder everyone seems to be lying flat today.

The last time it was this sluggish was during the weekend of April 19-20, and then on Monday $BTC rose by $2000, and on Tuesday it started to soar by $5000.

Such extreme reduction in volume with slight price fluctuations is usually a prelude to significant volatility. So, are you betting on it going up or down?