$SUI 5-minute trading volume was about $3.88 million, 13.2 times the previous average; during the same period, the price fell 0.53%.
A beginner's heartfelt question: How should I interpret a spike in trading volume?
Trading volume in futures and spot markets often differs greatly. Futures volume includes a lot of high-frequency trading, so a surge in volume does not mean exactly the same thing in both markets.
Personally, I treat a surge in volume as a cue to pay attention, not a reason to jump in immediately. I wait for the candlesticks to show me the direction.
With leveraged positions, first consider whether you can handle the worst-case scenario, then see what the indicators say.
#SUI
A beginner's heartfelt question: How should I interpret a spike in trading volume?
Trading volume in futures and spot markets often differs greatly. Futures volume includes a lot of high-frequency trading, so a surge in volume does not mean exactly the same thing in both markets.
Personally, I treat a surge in volume as a cue to pay attention, not a reason to jump in immediately. I wait for the candlesticks to show me the direction.
With leveraged positions, first consider whether you can handle the worst-case scenario, then see what the indicators say.
#SUI