Looking at recent Bitcoin movements, I feel like we're entering an interesting phase. After seeing it drop to around $59,930 at the beginning of the month, I read a report from Kaiko Research, which suggests that we are currently at the midpoint of a correction phase. In other words, after the hype following the halving, we're now in a typical 12-month correction period.
The trend in spot trading volume is quite alarming, dropping from about $1 trillion in October last year to $700 billion in November. Year-over-year comparisons clearly show that market momentum is weakening. Futures positions