$CRCLB ｜Trading volume surged 7.7x in 1 hour｜Price fell 0.7%
Before looking at positions, first understand what a surge in trading volume means.
When trading volume surges, order-book spreads and slippage often increase as well, so entering or exiting with market orders may cost more.
If trading volume surges while the price remains almost unchanged, it means buyers and sellers are actively trading at this price level. To see which way the price will move next, watch for which side gives way first.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.
#CRCLB
Before looking at positions, first understand what a surge in trading volume means.
When trading volume surges, order-book spreads and slippage often increase as well, so entering or exiting with market orders may cost more.
If trading volume surges while the price remains almost unchanged, it means buyers and sellers are actively trading at this price level. To see which way the price will move next, watch for which side gives way first.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.
#CRCLB
