$GMX For this hour, let’s first look at the actual data in front of us.
Binance Spot, 11/05 20:00–21:00 (Beijing time): down 1.23% over the hour, with a trading volume of 12,800 USDT, 3.38 times that of the previous hour. The closing price for the period was 8.86 USDT.
These figures describe this spot trading pair on Binance. They cannot directly represent trading across the entire market, nor can they alone explain the reasons for the change.
Trading volume was higher than in the previous hour, but the increase alone cannot identify who was participating or prove that the price will continue in the same direction. What verifiable data should we watch next? Let’s first make the criteria specific.
#GMX #Market Watch
Binance Spot, 11/05 20:00–21:00 (Beijing time): down 1.23% over the hour, with a trading volume of 12,800 USDT, 3.38 times that of the previous hour. The closing price for the period was 8.86 USDT.
These figures describe this spot trading pair on Binance. They cannot directly represent trading across the entire market, nor can they alone explain the reasons for the change.
Trading volume was higher than in the previous hour, but the increase alone cannot identify who was participating or prove that the price will continue in the same direction. What verifiable data should we watch next? Let’s first make the criteria specific.
#GMX #Market Watch