$BTC Theo PANews, the latest report from Matrixport reveals that although Bitcoin is approaching its all-time high, the overall cryptocurrency trading volume remains low. This indicates that retail investors may not be actively participating in the current market boom, especially in South Korea, where trading volume is typically dominated by retail investors but is still low. The recent price increase appears to be primarily driven by institutional investors and companies buying in, while retail investors are taking a wait-and-see approach. History shows that retail investors tend to enter the market at later stages of a cycle, potentially providing the final push before reaching a local peak, as seen in February and November 2022. This pattern may repeat, with the possibility that retail investors will enter the market ahead of another high peak.