$RWUSD ｜Volume surged 19.9x in 5 minutes｜Price barely moved
Before looking at fund flows, first understand trading volume.
Multiples are relative: for a normally quiet coin, a several-fold increase may be caused by just one or two large orders, while the same increase in a major coin is much rarer.
A surge in volume may also come from widespread liquidations: liquidation orders are executed involuntarily, so this kind of volume surge means something different from voluntary trading. Consider liquidation activity as well.
Any indicator is a summary of what has already happened, and the market could just as easily move in the opposite direction.
These could be wrong too—don't treat them as advice.
Before looking at fund flows, first understand trading volume.
Multiples are relative: for a normally quiet coin, a several-fold increase may be caused by just one or two large orders, while the same increase in a major coin is much rarer.
A surge in volume may also come from widespread liquidations: liquidation orders are executed involuntarily, so this kind of volume surge means something different from voluntary trading. Consider liquidation activity as well.
Any indicator is a summary of what has already happened, and the market could just as easily move in the opposite direction.
These could be wrong too—don't treat them as advice.
