Today is the first day this month that I have not opened a single position on ETH market.
I did buy and sell some gold certificates though. Lost some USD 500 there. But that's OK.
The troubling thing is I was going to trade more and more in digital assets (ETH,BTC,etc.) and less and less in commodities, stocks and ccy. That was my plan last spring when I started trading daily on BTC and later moved on to ETH.
The odd thing is there is less and less volatility in BTC and ETH in horizontal trends. And this is getting worse and worse with each passing month. I think this bad thing started about May. Without volatility, there is no trading.
And where there is no trading - there is no volatility.
So I am looking at some very respectful volumes on the main exchanges and ask myself who is moving the assets and why.
And why digital assets volatility is dying.