$BIRB ｜Volume up 16.6x in 1 hour｜Price up 4.38%
Before discussing capital flows, let’s first understand a surge in trading volume.
Multiples are relative: for a normally quiet coin, a several-fold increase in volume may come from just a few large orders, while the same increase is much rarer for a major coin.
After a big rise, if trading volume increases but the price stops climbing, this is often called “rising volume, flat price.” Many people see it as a sign of growing disagreement between buyers and sellers.
Don’t change your plan because of a single number, and don’t use borrowed money to test what a reading means.
Before discussing capital flows, let’s first understand a surge in trading volume.
Multiples are relative: for a normally quiet coin, a several-fold increase in volume may come from just a few large orders, while the same increase is much rarer for a major coin.
After a big rise, if trading volume increases but the price stops climbing, this is often called “rising volume, flat price.” Many people see it as a sign of growing disagreement between buyers and sellers.
Don’t change your plan because of a single number, and don’t use borrowed money to test what a reading means.
