$SOXLB For this hour, let’s first look at the actual data.
Only by aligning the two time windows can we tell which period the change came from; rolling statistics aren’t the same as performance since the start of today.
Binance spot, 10/21 08:00–09:00 (Beijing time): up 0.35% over the hour, with a trading volume of 1.8567 million USDT, 2.47 times that of the previous hour. The closing price for the period was 105.09 USDT.
Trading volume was higher than in the previous hour, but an increase in volume alone doesn’t identify who is participating or prove that the price will keep moving in the same direction. When you look at comparisons like this, do you usually note the time window and the absolute trading volume together?
#SOXLB #MarketWatch
Only by aligning the two time windows can we tell which period the change came from; rolling statistics aren’t the same as performance since the start of today.
Binance spot, 10/21 08:00–09:00 (Beijing time): up 0.35% over the hour, with a trading volume of 1.8567 million USDT, 2.47 times that of the previous hour. The closing price for the period was 105.09 USDT.
Trading volume was higher than in the previous hour, but an increase in volume alone doesn’t identify who is participating or prove that the price will keep moving in the same direction. When you look at comparisons like this, do you usually note the time window and the absolute trading volume together?
#SOXLB #MarketWatch