Trading value over $BR 1 hours was approximately $5.28 million, 21.4 times the previous average; the price fell 3.65% over the same period.
When I first got into crypto, I thought high trading volume meant more people were buying. Later, I realized that every trade has both a buyer and a seller. A surge in volume only means trading has become more active. To tell whether buyers or sellers are more eager, you have to consider the price direction.
When volume and price move in sync, the trend is easier to understand. When they diverge, it’s often worth paying closer attention—for example, when the price rises while trading volume keeps shrinking.
Indicators may be inaccurate, so don’t skip stop-losses. First think about what you’ll do if your judgment is wrong—that matters more than guessing correctly.
#BR
When I first got into crypto, I thought high trading volume meant more people were buying. Later, I realized that every trade has both a buyer and a seller. A surge in volume only means trading has become more active. To tell whether buyers or sellers are more eager, you have to consider the price direction.
When volume and price move in sync, the trend is easier to understand. When they diverge, it’s often worth paying closer attention—for example, when the price rises while trading volume keeps shrinking.
Indicators may be inaccurate, so don’t skip stop-losses. First think about what you’ll do if your judgment is wrong—that matters more than guessing correctly.
#BR