$AAVE 5-minute trading volume was about $2.21 million, 5.2 times the previous average; over the same period, the price fell 0.68%.
When I first got into crypto, I thought high trading volume meant people were buying. Later I learned that every trade has both a buyer and a seller. A spike in volume just means trading has become more active. To tell whether buyers or sellers are more aggressive, you have to look at the direction of the price.
Sizing your position by working backward from where you’ll place your stop-loss is much more reliable than just guessing.
Just chatting—either way, you’re responsible for your own gains and losses.
When I first got into crypto, I thought high trading volume meant people were buying. Later I learned that every trade has both a buyer and a seller. A spike in volume just means trading has become more active. To tell whether buyers or sellers are more aggressive, you have to look at the direction of the price.
Sizing your position by working backward from where you’ll place your stop-loss is much more reliable than just guessing.
Just chatting—either way, you’re responsible for your own gains and losses.
