TechFlow news, December 9: Matrixport released a chart today stating, "Currently, retail participation in the crypto market remains low. Taking the South Korean market—a historically high-retail-share market—as an example, trading volume today is significantly lower compared to the peak levels seen in December 2023 and December 2024: daily turnover once reached tens of billions of dollars, whereas now it barely hovers around $1 billion, indicating that retail capital, primarily engaged in short-term trading, has not noticeably returned.
Under such market conditions, some newly launched or expanding exchanges continue to struggle to achieve sustained trading volume growth. The progress of previously highly anticipated listing plans has also clearly slowed. Without broader retail re-entry, even if the Fed subsequently opts for rate cuts, monetary easing alone will hardly drive a truly sustainable rally.
Put simply, without trading volume, market sentiment cannot build up; without sentiment, trading volume cannot expand."
