$STRK 1-hour trading volume was about $43.6 million, 4.8 times the previous average; prices rose 6.87% over the same period.
Guys, how should we interpret a spike in trading volume? Here’s the short version:
Multiples are relative: for coins that usually trade very little, a several-fold increase may be caused by just a few large orders. The same kind of increase is much less common for major coins.
Signals are clearer when volume and price move in the same direction. When they diverge, pay closer attention—for example, when prices rise while trading volume keeps falling.
Unusually high readings often come with bigger price swings. At times like these, it’s wiser to reduce your position than to make a big bet.
Just sharing thoughts—everyone has to bear the consequences of their own gains and losses.
Guys, how should we interpret a spike in trading volume? Here’s the short version:
Multiples are relative: for coins that usually trade very little, a several-fold increase may be caused by just a few large orders. The same kind of increase is much less common for major coins.
Signals are clearer when volume and price move in the same direction. When they diverge, pay closer attention—for example, when prices rise while trading volume keeps falling.
Unusually high readings often come with bigger price swings. At times like these, it’s wiser to reduce your position than to make a big bet.
Just sharing thoughts—everyone has to bear the consequences of their own gains and losses.