USDJPY
EURUSD
Crypto
Spot volumes drop 66% in ‘lulls’ that often precede next cycle leg: Bitfinex
Key Takeaways (30s Read)
According to Bitfinex, the recent 66% drop in spot trading volumes may signal the upcoming leg of the cycle.
Bitfinex reports a significant 66% drop in spot trading volumes, indicating market lulls commonly seen before the next cycle's leg. Such declines highlight trader caution and may precede upcoming bullish or bearish movements. This pattern in trading volumes often serves as a precursor to significant market shifts, suggesting that traders should remain vigilant for potential volatility as the market prepares for its next direction. The overall sentiment remains cautious as participants readjust to the prevailing market conditions.
AI Analyst
AI Opinion
"The analysis indicates that Bitfinex's data could provide insights into potential market movements as the next cycle approaches. The 66% decline in trading volumes suggests a stagnancy reflecting trader caution. Historically, such circumstances have preceded rapid price movements, implying that traders should be alert to forthcoming volatility. Effective risk management practices will be crucial, as participants prepare for potential fluctuations in the market dynamics."
RECOMMENDED BROKER Trusted Broker
Maximize This Opportunity.
Turn AI-detected market inefficiencies into profit with industry-leading specs. There's a reason pros choose Exness.
Raw Spreads
0.0 pips~
Leverage
Unlimited
Execution
Instant
AI Market Analysis Team
Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.