$1INCH This hour, let’s first look at the actual data in front of us.
Only by aligning the two consecutive time windows can we tell which period the change came from; rolling statistics are not the same as performance since the start of today.
Binance Spot, 11/06 15:30–16:30 (Beijing time): up 0.76% over this hour, with a trading volume of 6,061.97 USDT, 1 times that of the previous hour. The closing price for the period was 0.0794 USDT.
Trading volume was higher than in the previous hour, but the increase alone cannot identify who was participating, nor prove that the price will continue in the same direction. When you make this kind of comparison, do you usually note the time window and the absolute trading volume as well?
#1INCH #MarketWatch
Only by aligning the two consecutive time windows can we tell which period the change came from; rolling statistics are not the same as performance since the start of today.
Binance Spot, 11/06 15:30–16:30 (Beijing time): up 0.76% over this hour, with a trading volume of 6,061.97 USDT, 1 times that of the previous hour. The closing price for the period was 0.0794 USDT.
Trading volume was higher than in the previous hour, but the increase alone cannot identify who was participating, nor prove that the price will continue in the same direction. When you make this kind of comparison, do you usually note the time window and the absolute trading volume as well?
#1INCH #MarketWatch