$PYTH 1The hourly trading volume was about $9.98 million, 3.6 times the previous average; the price rose 1.77% over the same period.
Where did this number come from?
Trading volume is often called the fuel of the market: for a trend to continue, volume usually needs to keep up—but this is a rule of thumb, not a law.
When volume and price move in the same direction, the signal is clearer. When they diverge, it’s worth paying closer attention—for example, when the price hits a new high while volume keeps shrinking.
Don’t chase trades during the most volatile minutes. Wait for the candlestick to settle before taking a look.
Where did this number come from?
Trading volume is often called the fuel of the market: for a trend to continue, volume usually needs to keep up—but this is a rule of thumb, not a law.
When volume and price move in the same direction, the signal is clearer. When they diverge, it’s worth paying closer attention—for example, when the price hits a new high while volume keeps shrinking.
Don’t chase trades during the most volatile minutes. Wait for the candlestick to settle before taking a look.