Although the market has seemed relatively stable recently, with even a slight rebound, the actual trading data reveals some not-so-optimistic signals.

Let me show you the changes in spot trading volume for a few core cryptocurrencies:

BTC has fallen by 73%

ETH has fallen by 50%

HYPE has fallen by 78%

Trading volume is one of the key factors for market initiation. Currently, this sluggish trading situation indicates that market enthusiasm remains very weak, and it is highly likely that there will be some oscillation for a while longer.

The most ridiculous thing is that among the top ten cryptocurrencies, the only one with increasing trading volume is actually SUI... Who is buying it? I really can't understand at all.