You should know that the liquidity level of $ETH is at its lowest in the past year!

The trading volume is expected to be between $2B-$3B, or at least around $1B.

However, the surprising thing is that the current trading volume is only around $300M, which is lower than the bottom level of 1k5 of $ETH in April.

This indicates that the market is witnessing increasingly low liquidity, which could allow MM to easily push prices up even if the cash flow has not yet returned.

Note: MM will run a bot to balance prices between CEX & DEX, thus inferring the correlation of liquidity, so don't let anyone say that the trading volume concentrated on CEX means that the DEX volume decreases!