$AIN 1-hour trading volume was approximately $22.16 million, 4.2 times the previous average; the price rose 20.73% over the same period.
A beginner's basic question: What does a surge in volume mean?
Multiples are relative: a several-fold increase in volume for a usually quiet coin may be caused by just one or two large trades, while the same increase for a top coin is much rarer.
A surge in volume can sometimes result from a wave of liquidations: liquidation orders are executed involuntarily, so this kind of volume has a different significance from active trading. You need to assess it alongside liquidation activity.
Indicators can fail, so don't skip stop-losses: deciding in advance what to do if you're wrong matters more than guessing whether you'll be right.
A beginner's basic question: What does a surge in volume mean?
Multiples are relative: a several-fold increase in volume for a usually quiet coin may be caused by just one or two large trades, while the same increase for a top coin is much rarer.
A surge in volume can sometimes result from a wave of liquidations: liquidation orders are executed involuntarily, so this kind of volume has a different significance from active trading. You need to assess it alongside liquidation activity.
Indicators can fail, so don't skip stop-losses: deciding in advance what to do if you're wrong matters more than guessing whether you'll be right.