Market Notes｜$CT ｜Trading volume surged 36.9x in 1 hour｜Price rose 25.28%
First, a quick definition: trading volume is how many coins were traded over a period of time, while trading value is that amount converted into a monetary value. The multiples in the post compare the current period with the average over a previous period.
Now, how to read it: don’t chase a move just because you see a big multiple. Volatility is often highest when trading volume surges, so using less leverage is a safer approach.
All indicators are just summaries of past market activity; prices can absolutely move in the opposite direction.
First, a quick definition: trading volume is how many coins were traded over a period of time, while trading value is that amount converted into a monetary value. The multiples in the post compare the current period with the average over a previous period.
Now, how to read it: don’t chase a move just because you see a big multiple. Volatility is often highest when trading volume surges, so using less leverage is a safer approach.
All indicators are just summaries of past market activity; prices can absolutely move in the opposite direction.