$BTC 1-hour trading volume was approximately $5.916 billion, 13.8 times the previous average; the price fell 3.56% over the same period.
Guys, what exactly does a surge in volume tell us? Here’s the short version 👇
When trading volume surges, bid-ask spreads and slippage often increase too, so entering or exiting with market orders can be costly.
Signals are easier to interpret when volume and price move in the same direction. Divergences are often more worth examining—for example, when the price hits a new high but trading volume keeps falling.
It’s safer to compare several data points than to look at just one, but no number of signals can give you a definitive answer.