BlockBeats News, June 11th, Santiment pointed out in its latest report that the trading volume of mainstream crypto assets excluding stablecoins has dropped to a two-year low, back to mid-2024 levels, reflecting a significant cooling off in market sentiment and participation.
The current low trading volume environment is due to macroeconomic uncertainty, geopolitical tensions, and recent liquidation events, leading traders to prefer to wait and see, resulting in a simultaneous weakening of buying and selling interest. Although this slump phase is often seen as a negative signal, historically it has corresponded to a phase of "emotional exhaustion" and may serve as the basis for a subsequent rebound.
Santiment emphasizes that the market usually does not form a bottom during high activity but rather gradually builds a bottom when investors generally lose interest and trading participation declines. Once confidence begins to return, even a small inflow of funds may trigger a temporary rebound.
