$BNB 5 The trading volume over the period was approximately $17.37 million, 44.4 times the previous average; the price fell 0.84% over the same period.
Folks, what does a surge in volume actually mean? Here’s the short version.
When volume surges, bid-ask spreads and slippage often widen too, making market orders more costly to execute.
A rise on heavy volume is often interpreted as buying activity supporting the uptrend, while a drop on heavy volume is often seen as a sign of strong selling pressure—but these are just rules of thumb.
Cross-checking multiple data points is more reliable than looking at just one, but even a whole range of indicators can’t provide a definitive answer.
#BNB
Folks, what does a surge in volume actually mean? Here’s the short version.
When volume surges, bid-ask spreads and slippage often widen too, making market orders more costly to execute.
A rise on heavy volume is often interpreted as buying activity supporting the uptrend, while a drop on heavy volume is often seen as a sign of strong selling pressure—but these are just rules of thumb.
Cross-checking multiple data points is more reliable than looking at just one, but even a whole range of indicators can’t provide a definitive answer.
#BNB