ETH and BNB: ETH was swinging harder in the morning—is that still the case by night?
The question in this morning’s post was: “Using the same methodology, is ETH’s 24-hour high-low range still wider than BNB’s?” At 08:16 this morning: ETH was about 3.01%, BNB about 1.66%.
At 22:39 Beijing time, measured again using the same methodology (Binance spot USDT pairs, rolling 24 hours, high minus low divided by the window’s opening price): ETH was about 4.93%, BNB about 3.58%. ETH’s range was still 1.35 percentage points wider than BNB’s, so the morning’s finding still holds.
Don’t read more into it: these are readings from two separate rolling windows. A wider range only means there was more volatility over those 24 hours; it says nothing about direction, let alone which one will rise or fall next.
Next time, we’ll check just one thing again: using the same methodology, which has the wider 24-hour high-low range, ETH or BNB?
$ETH $BNB
The question in this morning’s post was: “Using the same methodology, is ETH’s 24-hour high-low range still wider than BNB’s?” At 08:16 this morning: ETH was about 3.01%, BNB about 1.66%.
At 22:39 Beijing time, measured again using the same methodology (Binance spot USDT pairs, rolling 24 hours, high minus low divided by the window’s opening price): ETH was about 4.93%, BNB about 3.58%. ETH’s range was still 1.35 percentage points wider than BNB’s, so the morning’s finding still holds.
Don’t read more into it: these are readings from two separate rolling windows. A wider range only means there was more volatility over those 24 hours; it says nothing about direction, let alone which one will rise or fall next.
Next time, we’ll check just one thing again: using the same methodology, which has the wider 24-hour high-low range, ETH or BNB?
$ETH $BNB
