Expectations for a Fed rate hike in December are largely set, with markets betting on further hikes in January and March next year|$BTC currently at 68381.17, 24h -3.74%
Volume and price need to move together for the signal to be meaningful. If the price moves but volume doesn’t, that’s a reason to be skeptical. The market’s main concern right now is still the direction of interest rates, and this is one piece of the puzzle.