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Industry Observation Notes TermMax No.001 (Today is U.S. Independence Day, U.S. stock markets are closed all day, crypto market liquidity is reduced, evening volatility is mainly narrow-range consolidation, making it difficult to see a unilateral large move) When does a market start to mature?
Previously, I always had a misconception: I thought that a mature market means smaller volatility.
Later, I realized that might not be the case. In a truly mature market, the topics people discuss begin to change.