Trading volume over $KAIA 1 hours was approximately $9.61 million, 5.1 times the previous average; prices rose 5.98% over the same period.
When I first got into crypto, I always thought high trading volume meant people were buying. Only later did I realize that volume measures the scale of trades, and every trade has both a buyer and a seller. A rise in volume alongside rising prices is often seen as a sign that buyers are more aggressive; a rise in volume as prices fall suggests the opposite. These are just rules of thumb.
I treat a surge in volume as a signal to pay attention, not a reason to place an order immediately. I let the candlesticks reveal the direction.
Unusually high readings usually point to more intense volatility. At times like these, it’s better to dial back leverage than to make a big bet.
When I first got into crypto, I always thought high trading volume meant people were buying. Only later did I realize that volume measures the scale of trades, and every trade has both a buyer and a seller. A rise in volume alongside rising prices is often seen as a sign that buyers are more aggressive; a rise in volume as prices fall suggests the opposite. These are just rules of thumb.
I treat a surge in volume as a signal to pay attention, not a reason to place an order immediately. I let the candlesticks reveal the direction.
Unusually high readings usually point to more intense volatility. At times like these, it’s better to dial back leverage than to make a big bet.