Despite the price rally in the last 24 hours, average volume is still trending downward.
The main transactions occurred between 21:30 and 6:00 am Beijing time. This period is also the main trading time in the United States, which shows that the enthusiasm and intensity of American investors in the currency market have begun to decline.
Although purchasing power has decreased, the impact on prices is not obvious as more investors tend to hold for the long term.
Binance’s trading volume is higher, but the main trading hours are almost the same, and the peak of daily volume is still during the main trading hours in the United States.
Currently, the main trading volume is concentrated in the U.S. time zone. This shows that Americans are still the dominant force in the market.
The macroeconomic sentiment in the United States has gradually deepened its impact on the currency market. In particular, major macro events not only affect the U.S. stock market, but also the currency market. Therefore, in the current currency market, studying the macro situation is crucial to accurately judge price trends.
The main transactions occurred between 21:30 and 6:00 am Beijing time. This period is also the main trading time in the United States, which shows that the enthusiasm and intensity of American investors in the currency market have begun to decline.
Although purchasing power has decreased, the impact on prices is not obvious as more investors tend to hold for the long term.
Binance’s trading volume is higher, but the main trading hours are almost the same, and the peak of daily volume is still during the main trading hours in the United States.
Currently, the main trading volume is concentrated in the U.S. time zone. This shows that Americans are still the dominant force in the market.
The macroeconomic sentiment in the United States has gradually deepened its impact on the currency market. In particular, major macro events not only affect the U.S. stock market, but also the currency market. Therefore, in the current currency market, studying the macro situation is crucial to accurately judge price trends.