$BCH 5-minute trading value was about $1.09 million, 8.8 times the previous average; the price barely moved during that time.
Guys, what does a surge in volume actually tell us? Here's the short version 👇
Trading volumes in futures and spot markets often differ considerably. Futures volume includes a lot of high-frequency trading, so volume in the two markets doesn't mean exactly the same thing.
After a volume spike, if volume quickly falls back, it was probably just a brief burst of activity; sustained high volume is more noteworthy.
The same data can mean very different things in different market conditions, so don't blindly apply a one-size-fits-all rule.
Guys, what does a surge in volume actually tell us? Here's the short version 👇
Trading volumes in futures and spot markets often differ considerably. Futures volume includes a lot of high-frequency trading, so volume in the two markets doesn't mean exactly the same thing.
After a volume spike, if volume quickly falls back, it was probably just a brief burst of activity; sustained high volume is more noteworthy.
The same data can mean very different things in different market conditions, so don't blindly apply a one-size-fits-all rule.