“The price rose 2.542%, but aggressive buys accounted for only 47.37%. Do these two figures add up?” — Same window, Binance spot DOGEUSDT, as of October 31, 01:00 UTC.
They do. The two figures measure different things. Aggressive trades directly take orders resting in the order book, while passive trades place orders there and wait for someone to take them. The 47.37% figure means that during this period, the taker side accounted for less than half of the trades; the other half were resting orders that got filled.
It only describes which side was more urgent during this window; it doesn’t tell you whether anyone will step in next. Change the time window, and this figure will change too. The price increase and this figure are independent readings; neither proves the other.
Trading volume in the same window was 40.9188 million USDT, with a range of 0.07334 to 0.07682. All figures come from the same data snapshot. #Dogecoin #Crypto $DOGE
Not investment advice; just a breakdown of the figures.
They do. The two figures measure different things. Aggressive trades directly take orders resting in the order book, while passive trades place orders there and wait for someone to take them. The 47.37% figure means that during this period, the taker side accounted for less than half of the trades; the other half were resting orders that got filled.
It only describes which side was more urgent during this window; it doesn’t tell you whether anyone will step in next. Change the time window, and this figure will change too. The price increase and this figure are independent readings; neither proves the other.
Trading volume in the same window was 40.9188 million USDT, with a range of 0.07334 to 0.07682. All figures come from the same data snapshot. #Dogecoin #Crypto $DOGE
Not investment advice; just a breakdown of the figures.