Data: $AKE ｜1-hour volume up 9.9x｜Price up 32.11%
Meaning: Every trade has both a buyer and a seller, so higher volume alone doesn’t mean more people are buying or that money is flowing in; it only means turnover has become more active.
How to read it: A volume spike can sometimes be caused by mass liquidations. Liquidation orders are forced trades, so this kind of volume has a different meaning from voluntary buying and selling. Consider liquidation activity as well.
Don’t chase a trade at the most volatile moment. Wait for the price to stabilize before deciding.
@Binance BiBi
Meaning: Every trade has both a buyer and a seller, so higher volume alone doesn’t mean more people are buying or that money is flowing in; it only means turnover has become more active.
How to read it: A volume spike can sometimes be caused by mass liquidations. Liquidation orders are forced trades, so this kind of volume has a different meaning from voluntary buying and selling. Consider liquidation activity as well.
Don’t chase a trade at the most volatile moment. Wait for the price to stabilize before deciding.
@Binance BiBi
