A quick update on something that just happened: trading volume over $CAP 1 hours was about $16.76 million, 27 times the previous average; prices rose 17.46% over the same period.
A sudden spike in trading volume only shows that more people are active—it doesn’t prove who came out on top.
Here’s a bit of market education: volume should be read alongside price. The closing price and the length of the upper and lower wicks usually tell you more than volume alone.
Cross-checking multiple indicators is more reliable than looking at just one, but even more signals can’t provide a definitive answer.
A sudden spike in trading volume only shows that more people are active—it doesn’t prove who came out on top.
Here’s a bit of market education: volume should be read alongside price. The closing price and the length of the upper and lower wicks usually tell you more than volume alone.
Cross-checking multiple indicators is more reliable than looking at just one, but even more signals can’t provide a definitive answer.