$1INCH's 15-minute trading volume was about $2.02 million, 21.6 times its previous average; over the same period, the price fell 3.59%.
Let's use this data to talk about surges in trading volume.
Trading volumes in futures and spot markets often differ considerably. Futures trading includes a large amount of leveraged trading, so a surge in volume does not mean exactly the same thing in both markets.
Whether trading volume increases during a breakout is often considered one of the factors for distinguishing a genuine breakout from a false one: a breakout on low volume is more likely to fail.
Learning to read indicators isn't hard. The hard part is sticking to your plan when the market gets extremely volatile.
#1INCH
Let's use this data to talk about surges in trading volume.
Trading volumes in futures and spot markets often differ considerably. Futures trading includes a large amount of leveraged trading, so a surge in volume does not mean exactly the same thing in both markets.
Whether trading volume increases during a breakout is often considered one of the factors for distinguishing a genuine breakout from a false one: a breakout on low volume is more likely to fail.
Learning to read indicators isn't hard. The hard part is sticking to your plan when the market gets extremely volatile.
#1INCH