📰Matrixport: The market lacks new driving factors, and retail trading activity continues to be weak. Matrixport @Matrixport_EN released a chart today stating that retail trading activity in the crypto market has remained weak since the beginning of the year. Daily trading volume in the South Korean spot market has dropped to $775 million, and Binance's average daily trading volume has also shrunk to $5 billion, marking a new low since September 2024. The significant decline in trading volume reflects an overall retreat in retail participation enthusiasm. Since the launch of TRUMP coin in January, market trading has gradually cooled. With $782 million worth of TRUMP tokens set to be unlocked next week, the new supply may further exacerbate market selling pressure, and some holders may exit to cash out. If there isn't enough buying support, short-term volatility may increase. Currently, the market lacks new driving factors, and most retail investors seem to have entered a "summer break mode" early.
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