$BTC 15-minute trading volume was approximately $349 million, 5.1 times the previous average; the price rose 0.58% over the same period.
Let’s use this data to talk about trading volume.
Trading volume in futures and spot markets often differs significantly. Futures volume includes a lot of leveraged trading, so a surge in volume doesn’t mean exactly the same thing in both markets.
Whether a breakout comes with a surge in volume is often considered one way to distinguish a genuine breakout from a false one: a breakout on low volume is more likely to reverse.
Sizing your position based on the distance to your stop-loss is much more reliable than choosing a position size by feel.
#BTC
Crypto markets are volatile, so use leverage with restraint.
Let’s use this data to talk about trading volume.
Trading volume in futures and spot markets often differs significantly. Futures volume includes a lot of leveraged trading, so a surge in volume doesn’t mean exactly the same thing in both markets.
Whether a breakout comes with a surge in volume is often considered one way to distinguish a genuine breakout from a false one: a breakout on low volume is more likely to reverse.
Sizing your position based on the distance to your stop-loss is much more reliable than choosing a position size by feel.
#BTC
Crypto markets are volatile, so use leverage with restraint.