Bitcoin is basically in sleep mode before CPI. 😴💀
According to K33, perpetual BTC/USDT volume on Binance + Bybit has fallen to $10.8B/day on the 30-day average level, the lowest since 2023.
Spot volume also dropped 18% to $1.8B/day, while 7-day volatility is down to just 0.6%.
But for traders, low volatility doesn’t necessarily mean easier trading. On the contrary, a sideways market with low volume and no clear direction makes guessing breakouts or fakeouts much harder. Traders reducing activity right now is actually the sensible move.
I think the trading strategy right now should prioritize capital preservation.
According to K33, perpetual BTC/USDT volume on Binance + Bybit has fallen to $10.8B/day on the 30-day average level, the lowest since 2023.
Spot volume also dropped 18% to $1.8B/day, while 7-day volatility is down to just 0.6%.
But for traders, low volatility doesn’t necessarily mean easier trading. On the contrary, a sideways market with low volume and no clear direction makes guessing breakouts or fakeouts much harder. Traders reducing activity right now is actually the sensible move.
I think the trading strategy right now should prioritize capital preservation.