#bitcoin is inching closer to the $110K milestone, but the excitement isn’t quite there. #trading volumes are drying up fast, #Spot volume has slipped to $5.02B, and futures volume is down to $31.2B, both at their lowest in over a year. The ongoing decline suggests that many traders are staying on the sidelines, waiting for a clear move. At the same time, this calm could be the calm before the storm, a potential burst of volatility may be just around the corner. Whether it’s a breakout or a fakeout, something big might be brewing.
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