$ENA The hourly trading volume was approximately $38.3 million, 4.7 times the previous average; prices barely moved during the same period.
A beginner’s burning question: What does a surge in trading volume actually mean?
Trading volume is often called the fuel of the market: for a trend to continue, it usually needs sustained trading activity—but that’s a rule of thumb, not a law.
A sudden jump in trading activity only proves that everyone’s gotten busier; it doesn’t tell you who’s winning.
Don’t chase trades during the fastest-moving minutes. Wait for the price action to play out before deciding.
#ENA
A beginner’s burning question: What does a surge in trading volume actually mean?
Trading volume is often called the fuel of the market: for a trend to continue, it usually needs sustained trading activity—but that’s a rule of thumb, not a law.
A sudden jump in trading activity only proves that everyone’s gotten busier; it doesn’t tell you who’s winning.
Don’t chase trades during the fastest-moving minutes. Wait for the price action to play out before deciding.
#ENA