$BTC 1-hour trading volume surged to 7 times its previous level, down 1.7%, with the current price at 82438.28.
Trading volume is the accelerator of market movements. For a trend to continue after a surge in volume, there needs to be a basis for follow-through.
After an unusual move, the market often enters a period of consolidation. How it consolidates influences which direction the next move will take.