According to ChainCatcher, Matrixport posted on the X platform: "As the total market value dropped from $2.7 trillion to $2.3 trillion, the daily trading volume of cryptocurrencies also dropped from $180 billion to $50 billion. There is a saying in traditional finance, 'Don't short a depressed market', because a little momentum can push up prices. This may also apply to the crypto market, because during the summer downturn, the market may see an explosive rebound given multiple possible stimulus factors (such as the Fed's rate cuts, the US presidential election, etc.).