$2Z This hour, let’s first look at the actual data in front of us.
Only by aligning the two consecutive time windows can we tell which segment the change came from; rolling statistics aren’t the same as performance since the start of today.
Binance Spot, 10/18 18:30–19:30 (Beijing time): down 0.65% over the hour, with a trading volume of 23,800 USDT, 1.95 times that of the previous hour. The closing price for the period was 0.03056 USDT.
Trading volume was higher in this period than in the previous hour, but an increase in volume alone doesn’t tell us who was participating or prove that the price will continue in the same direction. When you make comparisons like this, do you usually note both the time windows and the absolute volume?
#2Z #MarketWatch
Only by aligning the two consecutive time windows can we tell which segment the change came from; rolling statistics aren’t the same as performance since the start of today.
Binance Spot, 10/18 18:30–19:30 (Beijing time): down 0.65% over the hour, with a trading volume of 23,800 USDT, 1.95 times that of the previous hour. The closing price for the period was 0.03056 USDT.
Trading volume was higher in this period than in the previous hour, but an increase in volume alone doesn’t tell us who was participating or prove that the price will continue in the same direction. When you make comparisons like this, do you usually note both the time windows and the absolute volume?
#2Z #MarketWatch