$JCT 1 The trading volume was about $19.64 million, 3.7 times the previous average; prices rose 7.94% over the same period.
Let's use this figure to talk about a surge in volume.
Trading volume is how many coins were traded over a period of time; trading value converts that into the quote currency. The multiple here compares this period with the average of the preceding period.
I treat unusual trading activity as a signal to pay attention to, not a reason to act immediately. I let the candlesticks confirm the direction.
It's easy to learn how to read indicators; the hard part is still following the rules when the market gets heated.

#JCT