Technical note｜$ONDO ｜5-minute volume surged 10.6x｜Price rose 0.78%
Definition: Volume spikes at the minute level can be noisy. A surge in one or two candlesticks may simply be caused by a single large order; several consecutive high-volume candles are more meaningful.
How to read it: A volume spike may sometimes come from concentrated liquidations. Liquidation orders are executed passively, so this kind of volume surge means something different from active trading. Check the liquidation data to assess it.
Don’t change your usual pace based on a single number, and never gamble on a particular reading with borrowed money.
Definition: Volume spikes at the minute level can be noisy. A surge in one or two candlesticks may simply be caused by a single large order; several consecutive high-volume candles are more meaningful.
How to read it: A volume spike may sometimes come from concentrated liquidations. Liquidation orders are executed passively, so this kind of volume surge means something different from active trading. Check the liquidation data to assess it.
Don’t change your usual pace based on a single number, and never gamble on a particular reading with borrowed money.