$LYN 5-minute trading volume was approximately $1.33 million, 13.5 times the previous average; during the same period, the price fell 3.36%.
Folks, what does a surge in volume mean? Here’s the short version👇
Trading volume in futures and spot markets often differs significantly. Futures volume includes a lot of leveraged trading, so a surge in volume doesn’t mean exactly the same thing in both markets.
When volume surges but the price barely moves, it means buyers and sellers are actively exchanging positions at that level. Which way the price moves next depends on which side gives in first.
Comparing several data points is more reliable than looking at just one, but even more indicators can’t give you a definitive answer.
#LYN
Folks, what does a surge in volume mean? Here’s the short version👇
Trading volume in futures and spot markets often differs significantly. Futures volume includes a lot of leveraged trading, so a surge in volume doesn’t mean exactly the same thing in both markets.
When volume surges but the price barely moves, it means buyers and sellers are actively exchanging positions at that level. Which way the price moves next depends on which side gives in first.
Comparing several data points is more reliable than looking at just one, but even more indicators can’t give you a definitive answer.
#LYN