Analysis: On-Chain Trading Terminals Approaching Fifth 90% Drawdown in History, Trading Volume May Soon Rebound

Odaily reports that analyst Adam posted on X platform stating that on-chain trading terminals are approaching the fifth 90% drawdown in history. Historical data shows that such drawdowns last an average of approximately 45 days from peak to bottom, with the longest previous drawdown lasting 61 days, occurring in March 2025.

Adam noted that the current drawdown has lasted 58 days, approaching the historical record for the longest duration. He believes that assuming the on-chain trading market has not entered a prolonged recession, trading volume may soon begin to rebound.