According to Santiment, the drop in crypto-wide trading volume since Feb. 27 is due to "exhaustion, hopelessness, and capitulation." Even during slight price recoveries, major cryptocurrencies show "diminishing trader enthusiasm." On March 11, total market capitalization fell to 2.65 trillion, with trading volume at 164 billion. Despite a 100 billion recovery, trading volume remained flat. 📊 Santiment suggests that fewer traders believe buying at current levels will yield profits. The crypto market has trended downward since Jan. 20, with BTC hitting its all-time high of 109. 📉 Shrinking volume during minor rebounds isn't necessarily bearish, but it indicates a cautious market outlook. A simultaneous increase in both price and trading volume signals a robust recovery. What are your thoughts on the current state of the crypto market and its future?