📌 Data: $GRASS |1-hour volume up 6.4×|Price down 7.86%
· Explanation: Trading volumes in futures and spot markets often differ significantly. Futures volume includes a lot of high-frequency turnover, so volume on the two sides does not mean exactly the same thing.
· How to read it: Rising volume during a price increase is often seen as a sign that buying is supporting the rise; rising volume during a price drop is often seen as a sign of stronger selling pressure. But these are only rules of thumb.
It’s easy to learn how to read indicators. The hard part is still following the rules when emotions are running high.
#GRASS
· Explanation: Trading volumes in futures and spot markets often differ significantly. Futures volume includes a lot of high-frequency turnover, so volume on the two sides does not mean exactly the same thing.
· How to read it: Rising volume during a price increase is often seen as a sign that buying is supporting the rise; rising volume during a price drop is often seen as a sign of stronger selling pressure. But these are only rules of thumb.
It’s easy to learn how to read indicators. The hard part is still following the rules when emotions are running high.
#GRASS