🐋 Trading volume over $RED 1 hours was approximately $5.11 million, 19.7 times the previous average; the price fell 6.31% over the same period.
When volume surges, many people’s first reaction is that money is flowing in, but it’s not that simple.
Trading volume in futures and spot markets often differs greatly. Futures volume includes a lot of high-frequency turnover, so a surge in volume in the two markets doesn’t necessarily mean the same thing.
Unusual data is usually accompanied by greater volatility. At times like this, it’s better to reduce your position rather than make a big bet.
#RED
When volume surges, many people’s first reaction is that money is flowing in, but it’s not that simple.
Trading volume in futures and spot markets often differs greatly. Futures volume includes a lot of high-frequency turnover, so a surge in volume in the two markets doesn’t necessarily mean the same thing.
Unusual data is usually accompanied by greater volatility. At times like this, it’s better to reduce your position rather than make a big bet.
#RED