Before making a comparison, list four things: which venue, which trading pair, what time window, and as of when. Fill in anything that's missing first.
First, here are the current figures for $1000CAT: Binance spot, 11/14 09:35–10:35 (Beijing time). It fell 0.85% over the hour, with a trading volume of 30,400 USDT, 1.86 times that of the previous hour. The closing price for the period was 0.001511 USDT.
Different venues, trading pairs, measurement periods, and update times can all make seemingly identical metrics differ. You can't directly compare the trading volume over an hour with that over five minutes, and spot trading volume shouldn't be treated as total market volume without saying so. Align the subject and time period before comparing changes, so the numbers answer the same question.
#1000CAT #CryptoChat
First, here are the current figures for $1000CAT: Binance spot, 11/14 09:35–10:35 (Beijing time). It fell 0.85% over the hour, with a trading volume of 30,400 USDT, 1.86 times that of the previous hour. The closing price for the period was 0.001511 USDT.
Different venues, trading pairs, measurement periods, and update times can all make seemingly identical metrics differ. You can't directly compare the trading volume over an hour with that over five minutes, and spot trading volume shouldn't be treated as total market volume without saying so. Align the subject and time period before comparing changes, so the numbers answer the same question.
#1000CAT #CryptoChat