Golden Finance reports that Cryptoquant analyst Axel Adler Jr. released a market analysis indicating that after the market last reached its all-time high (ATH), the on-chain volume showed a high trend of 62 billion dollars, while the spot and futures trading volume on centralized exchanges (CEX) was only 41 billion dollars. This situation is extremely rare in the market.
In addition, there is currently a negative divergence in volume: prices are increasing, but volume is decreasing, which essentially reflects thin liquidity.
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Analyst: Currently, the market is experiencing a negative divergence in trading volume, which essentially reflects insufficient market liquidity.
Golden Finance reports that Cryptoquant analyst Axel Adler Jr. released a market analysis indicating that after the market last reached its all-time high (ATH), the on-chain volume showed a high trend of 62 billion dollars, while the spot and futures trading volume on centralized exchanges (CEX) was only 41 billion dollars. This situation is extremely rare in the market. In addition, there is currently a negative divergence in volume: prices are increasing, but volume is decreasing, which essentially reflects thin liquidity.