When looking at daily price moves, do you also casually check whether it says "today" or "24 hours", and which time zone it starts from?
First, let’s put this set of data, $POLYX , in front of us: Binance spot 11/02 09:25–10:25 (Beijing time), this one-hour period fell 0.25%, with trading volume of 8,454.24 USDT, 0.5 times that of the previous hour. The closing price for the period was 0.03243 USDT.
A rolling 24 hours usually counts a full day backward from the current moment; daily gains and losses, by contrast, are compared starting from midnight in a certain time zone. When checking in the morning and at night, the intervals covered by these two methods are different. One number may turn positive while the other remains negative, and that is not necessarily a contradiction. You should also verify the platform’s exact definition; do not assume they can be combined just because the field names look similar.
#POLYX #Crypto chatter
First, let’s put this set of data, $POLYX , in front of us: Binance spot 11/02 09:25–10:25 (Beijing time), this one-hour period fell 0.25%, with trading volume of 8,454.24 USDT, 0.5 times that of the previous hour. The closing price for the period was 0.03243 USDT.
A rolling 24 hours usually counts a full day backward from the current moment; daily gains and losses, by contrast, are compared starting from midnight in a certain time zone. When checking in the morning and at night, the intervals covered by these two methods are different. One number may turn positive while the other remains negative, and that is not necessarily a contradiction. You should also verify the platform’s exact definition; do not assume they can be combined just because the field names look similar.
#POLYX #Crypto chatter