Crypto Is Bouncing. But Is It Actually Recovering? đ
Here's the catch.
On November 9, Binance BTC/USDT spot turnover jumped 64.7% from Sunday, while ETH/USDT rose 52.9%.
Sounds bullish? Not so fast.
Bitcoin was still down 9.2% over 30 days. Ethereum was down 14.8%.
And here's what gets overlooked: higher trading volume doesn't automatically mean fresh money is entering the market. Every trade has a buyer and a seller.
A busy market isn't necessarily a healthy market.
So, are traders buying a genuine recoveryâor just trading another bounce?
#BinanceSquare #CryptoMarket #BTCâ #ETHđ„đ„đ„đ„đ„đ„
Here's the catch.
On November 9, Binance BTC/USDT spot turnover jumped 64.7% from Sunday, while ETH/USDT rose 52.9%.
Sounds bullish? Not so fast.
Bitcoin was still down 9.2% over 30 days. Ethereum was down 14.8%.
And here's what gets overlooked: higher trading volume doesn't automatically mean fresh money is entering the market. Every trade has a buyer and a seller.
A busy market isn't necessarily a healthy market.
So, are traders buying a genuine recoveryâor just trading another bounce?
#BinanceSquare #CryptoMarket #BTCâ #ETHđ„đ„đ„đ„đ„đ„
