š Data: $APR ļ½Volume up 5.8Ć in 1 hourļ½Price down 13.77%
Ā· What it is: Trading volume in perpetual contracts and spot markets often differs considerably. Contract volume includes a lot of leveraged position turnover, so a surge in volume on one side does not necessarily mean the same thing as a surge on the other.
Ā· A common way to read it: I treat a volume spike as a reminder to pay attention, not as a reason to act immediately. I wait for price to confirm the direction.
Donāt let a single number throw your plan off, and certainly donāt use borrowed money to test what one reading means.
DYOR, and donāt risk more than you can afford.
Ā· What it is: Trading volume in perpetual contracts and spot markets often differs considerably. Contract volume includes a lot of leveraged position turnover, so a surge in volume on one side does not necessarily mean the same thing as a surge on the other.
Ā· A common way to read it: I treat a volume spike as a reminder to pay attention, not as a reason to act immediately. I wait for price to confirm the direction.
Donāt let a single number throw your plan off, and certainly donāt use borrowed money to test what one reading means.
DYOR, and donāt risk more than you can afford.
