Price and trading volume need to move together for the signal to count. If the price moves but volume doesn’t, that’s worth questioning.
For example: Over the past 24 hours, total liquidations across the market reached $66.288 million, including $25.1643 million in long liquidations and $41.1237… in short liquidations. $BTC , trading volume: 566 million.
In the face of bearish news, the first thing to consider shouldn’t be buying the dip, but the risks you’re already carrying.
#BTC
Be mindful of the risks, and make your own decisions.
For example: Over the past 24 hours, total liquidations across the market reached $66.288 million, including $25.1643 million in long liquidations and $41.1237… in short liquidations. $BTC , trading volume: 566 million.
In the face of bearish news, the first thing to consider shouldn’t be buying the dip, but the risks you’re already carrying.
#BTC
Be mindful of the risks, and make your own decisions.