Turnover over $CKB 1 hours was approximately $29.19 million, 7.6 times the previous average; during the same period, the price rose 16.56%.
Let’s use this figure to break down trading volume.
A surge in volume often occurs when news is released, a key price level is broken, large orders are executed, or liquidations happen in clusters.
After a volume spike, if trading quickly subsides, it’s often just a brief burst. If elevated volume persists, it’s more worth paying attention to.
Understanding an indicator helps you avoid being spooked by a single number; it isn’t a way to predict whether prices will rise or fall.
#CKB
I can be wrong too, so don’t take this as advice.
Let’s use this figure to break down trading volume.
A surge in volume often occurs when news is released, a key price level is broken, large orders are executed, or liquidations happen in clusters.
After a volume spike, if trading quickly subsides, it’s often just a brief burst. If elevated volume persists, it’s more worth paying attention to.
Understanding an indicator helps you avoid being spooked by a single number; it isn’t a way to predict whether prices will rise or fall.
#CKB
I can be wrong too, so don’t take this as advice.