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Changes in trading activity based on market news, price milestones, sociological events, etc., resemble the market structure developments in 2018-2019.
The $10,000 mark has played a major psychological anchor for traders as we have witnessed a change in sentiment multiple times crossing the barrier.
The average monthly trading size has been below $1,000 since August 2022. Such consistently low trading sizes have been recorded only thrice in the last four years.
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