Price and trading volume need to move together for it to count. If the price moves but volume doesn’t follow through, that’s a reason to be cautious.
Take this report: a new address withdrew about $6 million worth of LIT, ENA, and ARB from an exchange, $LIT .
The impact is limited, but if we see more and more reports like this, it’ll be worth taking a closer look.

#LIT

Just my personal opinion—don’t take it too seriously.