We also should take a diligent look at the entire crypto market cap. Unfortunately we dont see there a soaring. So we have a negative divergence. It seems that people are only going out of altcoins and into bitcoin. This can be seen as the reason for the low volume.
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Yes, It is one of the reasons.
You are right.
But anyway, my point of view "The price will hit 11.791K followed by 12.8K, on the next days, the reason why I think, the trading volumes could recover ( the buyers will be in after 12.2K ).
I noticed this as well. My BTC goes up, my alts go down, portfolio stays the same... lol!!! Hedged perfectly I guess...