Only when trading volume and price move together does it count. If the price moves but volume doesn’t follow, that’s a red flag.
Take this current example: CPI rattles U.S. stocks, and Warsh is set to speak about rate-hike risks. $BTC (24h -1.84%).
When negative news hits, panic sellers tend to get out first; only afterward can you see how much buying support there really is.

#BTC

Just a market note—make your own decisions about trading.