PANews reported on July 7 that according to Matrixport analysis, retail trading activity in the crypto market has continued to be weak this year, and overall trading volume has dropped significantly. Data shows that global spot daily trading volume has dropped to US$775 million, and Binance's average daily trading volume has also shrunk to US$5 billion, a new low since September 2024. This reflects the overall decline in retail investor enthusiasm.

In addition, since the launch of the Meme coin $TRUMP in January this year, market trading has gradually turned weak. With the unlocking of $782 million $TRUMP tokens next week, the new supply may further increase the market selling pressure, and some holders may choose to exit the market to cash out. If there is a lack of sufficient buying, short-term market volatility may intensify.

At present, the crypto market lacks new driving factors, most retail investors seem to have entered the "summer vacation mode" ahead of schedule, and market attention continues to decline.