$BLESS 5-minute trading volume was approximately $3.82 million, 51.9 times the previous average; the price rose 11.28% over the same period.
Let's use this figure to talk about trading volume.
Trading volume refers to the quantity traded over a period of time; trading value converts that quantity into a monetary amount. The volume surge multiple here compares the current period with the average over the preceding period.
I treat a surge in volume as a signal worth watching, not a reason to act immediately. Let the price confirm the direction.
Extreme readings usually mean greater volatility. At times like these, it's better to reduce leverage than to make a big bet.
Crypto markets are volatile, so use leverage sparingly.
Let's use this figure to talk about trading volume.
Trading volume refers to the quantity traded over a period of time; trading value converts that quantity into a monetary amount. The volume surge multiple here compares the current period with the average over the preceding period.
I treat a surge in volume as a signal worth watching, not a reason to act immediately. Let the price confirm the direction.
Extreme readings usually mean greater volatility. At times like these, it's better to reduce leverage than to make a big bet.
Crypto markets are volatile, so use leverage sparingly.