The market's dried up genuine retail demand. Everyday investors got crushed repeatedly—until this recent meme coin run. That $TRUMP pump was basically the final squeeze, the last chance for big money to extract liquidity. Now what's left? The remaining gamblers desperately chasing leverage through perpetual futures, trying to amplify their bets when spot markets aren't even moving. It's a tell-tale sign of market exhaustion. Real buying has evaporated. What you're seeing is pure desperation in the derivatives pit, where the last bag holders are doubling down on margin trades just to scratch back some losses. The house always wins when volume dies.