🐋 Trading volume over the $BTW 1 hours was approximately $11.77 million, 4.8 times the previous average; during the same period, the price rose 21.73%.
When volume surges, many people’s first thought is that money is flowing in, but that’s not necessarily the case.
Trading volume is often called the fuel for market moves: for a trend to continue, trading activity generally needs to keep pace. But this is an observation, not a rule.
After a big rise, if volume increases but the price barely moves, this is often called “rising volume with a flat price.” Many people take it as a sign of greater disagreement between buyers and sellers.
If you’re using leverage, first consider whether you can withstand the worst-case outcome, then think about what the indicators are saying.
These views are for discussion only. You are responsible for your own gains and losses.
When volume surges, many people’s first thought is that money is flowing in, but that’s not necessarily the case.
Trading volume is often called the fuel for market moves: for a trend to continue, trading activity generally needs to keep pace. But this is an observation, not a rule.
After a big rise, if volume increases but the price barely moves, this is often called “rising volume with a flat price.” Many people take it as a sign of greater disagreement between buyers and sellers.
If you’re using leverage, first consider whether you can withstand the worst-case outcome, then think about what the indicators are saying.
These views are for discussion only. You are responsible for your own gains and losses.
