March 2026 Exchange Data: Spot Trading Volume Drops 19.4%
- Spot Trading Decline: In March 2026, major exchanges experienced a 19.4% month-over-month drop in spot trading volume, indicating weakened market participation that could impact investor confidence and lead to short-term risk aversion.
- Derivatives and Traffic Weakness: Derivatives volume fell by 2.9% and exchange website traffic decreased by 2.34%, suggesting a general decline in market activity that may affect future trading strategies and liquidity.
- Market Context Analysis: Compared to February's combined spot and derivatives volume of $5.61 trillion, the March pullback reflects widespread market fatigue, highlighting increasing uncertainty among investors.
- Future Watchpoints: Traders should monitor the balance between spot and derivatives volumes in the next report, as well as whether website traffic recovers, to assess the potential rebound in market participation and liquidity changes.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0566 | 0.0584 | 0.0603 | 0.062 | 0.0639 | 0.0657 | 0.0675 |
| Fibonacci | 0.0584 | 0.0598 | 0.0607 | 0.062 | 0.0634 | 0.0643 | 0.0657 |
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