$LITEB This hour, let's first look at the actual data in front of us.
Binance spot, 10/23 20:05–21:05 (Beijing time): down 1.48% over the hour, with a trading volume of 46,700 USDT, 2.41 times that of the previous hour. The closing price for the period was 769.16 USDT.
These figures describe this spot trading pair on Binance. They do not directly represent trading across the entire market, nor can they on their own explain the reasons for the change.
Trading volume was higher than in the previous hour, but the increase alone cannot identify who was trading or prove that the price will continue in the same direction. What verifiable data should we watch next? Let's first be specific about what to look for.
#LITEB #MarketWatch
Binance spot, 10/23 20:05–21:05 (Beijing time): down 1.48% over the hour, with a trading volume of 46,700 USDT, 2.41 times that of the previous hour. The closing price for the period was 769.16 USDT.
These figures describe this spot trading pair on Binance. They do not directly represent trading across the entire market, nor can they on their own explain the reasons for the change.
Trading volume was higher than in the previous hour, but the increase alone cannot identify who was trading or prove that the price will continue in the same direction. What verifiable data should we watch next? Let's first be specific about what to look for.
#LITEB #MarketWatch