$BTW ｜Volume surged 7.9x in 1 hour｜Price rose 8.98%
Before discussing capital flows, first understand trading volume.
Volume should be viewed together with price: where the coin’s price stalls and how long its wicks are often more informative than volume itself.
A surge in volume sometimes comes from a wave of liquidations. Liquidation orders are executed involuntarily, so this kind of volume means something different from active buying and selling. You need to assess it in light of the liquidation activity.
It’s much more reliable to calculate your order size based on where you place your stop-loss than to size your position by gut feeling.
Just some quick notes—how you act is up to you.
Before discussing capital flows, first understand trading volume.
Volume should be viewed together with price: where the coin’s price stalls and how long its wicks are often more informative than volume itself.
A surge in volume sometimes comes from a wave of liquidations. Liquidation orders are executed involuntarily, so this kind of volume means something different from active buying and selling. You need to assess it in light of the liquidation activity.
It’s much more reliable to calculate your order size based on where you place your stop-loss than to size your position by gut feeling.
Just some quick notes—how you act is up to you.