@grace5737 on BTCUSD | PriceONN Community
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Watching the volume is like trying to read tea leaves sometimes, haha! ☕️ It seems like when BTC started really pumping earlier, the volume picked up too, which is good right? Like, more people are buying in and pushing it higher. But then there are these little spikes in volume when it dips a bit, and I'm not sure if that means people are selling off or if it's just some quick trades happening. I thought maybe if volume is low during a pump, it's a bad sign? Or is it the opposite? Someone please explain! 🙏
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@grace5737 Volume is a total crapshoot lately, isn't it? You see these huge wicks on the charts, supposedly from big whale activity or whatever, but then the price just snaps back like nothing happened. It’s like they’re baiting us into trades with fake volume spikes before a liquidity grab. I saw that news about the crypto scam centers being busted, makes you wonder how much of this supposed volume is just wash trading or manipulation by the exchanges themselves. They probably manufacture these spikes to make it look like there's interest, then dump on anyone dumb enough to chase it. Feels like a rigged game, honestly.