The volumes of trading of digital assets fall since January, the behavior of traders against the background of a continuing reduction in capitalization indicates that the market is in the stage of exhaustion and surrender, Santiment analysts said.

Traiders have become extremely careful and do not believe that the main cryptocurrencies will demonstrate the ascending movement. Purchases at the current levels do not make a profit, experts indicated.

“The weakening of the volume of trading against moderate prices of prices can serve as an early preventive sign of weakening of the market impulse, where a mixture of exhaustion, surrender and hopelessness dominates,” the report said.

According to analysts, any restoration of cryptocurrency quotations can be short -term, and the likelihood of a deeper decline is more high than ever. Institutional investors took a waiting position, which enhances stagnation in the market.

Until trading activity begins to grow, the skeptical moods of traders will dominate, experts believe.

Earlier, Analysts by QSP Capital said that the drop in the first cryptocurrency quotes provoked an interview with US President Donald Trump, Fox9, in which he expressed indifference to the risks of recession.