$ZEREBRO 5-minute trading value was about $1.42 million, 11.5 times the previous average; over the same period, the price fell 4.85%.
Let’s use this figure to unpack the surge in volume.
Trading volume is often compared to fuel for prices: for a market move to continue, trading generally needs to keep pace. But that’s a rule of thumb, not a law.
A surge in volume can also result from a wave of liquidations. Liquidation orders are forced trades, so this kind of volume is different from active buying and selling. You need to assess it alongside liquidation data.
Indicators can fail, so risk management must always be in place. Thinking ahead about what you’ll do if you’re wrong matters more than trying to guess correctly.
Let’s use this figure to unpack the surge in volume.
Trading volume is often compared to fuel for prices: for a market move to continue, trading generally needs to keep pace. But that’s a rule of thumb, not a law.
A surge in volume can also result from a wave of liquidations. Liquidation orders are forced trades, so this kind of volume is different from active buying and selling. You need to assess it alongside liquidation data.
Indicators can fail, so risk management must always be in place. Thinking ahead about what you’ll do if you’re wrong matters more than trying to guess correctly.