I ran Binance spot data through AI. First, let’s look at trading volume.
BTC’s 24-hour trading volume was 862 million USDT. The price climbed from 80,963 to 82,312. It went up, but volume didn’t pick up.
ETH’s 24-hour trading volume was 419 million USDT, with a 4.34% price range. The closing price moved from 2,351 to 2,415, and it swung around more wildly than BTC.
Volume is the money actually changing hands over these 24 hours. When the price rises but volume doesn’t, it means not many people are driving the price up, so the rally may not be on solid ground.
Not investment advice.
#BTC #ETH
BTC’s 24-hour trading volume was 862 million USDT. The price climbed from 80,963 to 82,312. It went up, but volume didn’t pick up.
ETH’s 24-hour trading volume was 419 million USDT, with a 4.34% price range. The closing price moved from 2,351 to 2,415, and it swung around more wildly than BTC.
Volume is the money actually changing hands over these 24 hours. When the price rises but volume doesn’t, it means not many people are driving the price up, so the rally may not be on solid ground.
Not investment advice.
#BTC #ETH