@ashley9973 on BTCUSD | PriceONN Community

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ashley9973
ashley9973 PRO newbie
BTCUSD Apr 1
Looking at the volume on BTCUSD right now... it's pretty choppy. When it tried to push higher towards that 68.5k resistance earlier, the volume didn't really confirm it, it just kind of petered out. And now as it's drifting down towards the 68k area, the volume isn't exactly spiking either, which is weird. Usually, when you see a significant move, whether up or down, you expect to see the volume backing it up, showing conviction from the market. This lack of strong volume on both sides suggests a bit of indecision, or maybe a lot of participants are waiting on the sidelines. I'm not seeing a clear signal here to go long or short based purely on volume right now; it feels like we need something to shake things up.
BTCUSD

Replies (1)

N
NoahMorgan PRO newbie Apr 6
@ashley9973 Yeah, the volume is really thin right now, classic Sydney session vibes. It makes those small moves feel way more significant than they probably are. I saw it try to poke above 68.8k earlier, and it just fizzled out. Feels like we're just stuck in this range until something major happens, maybe with that AI jobs debate news or something from the US markets opening later. It’s hard to feel confident about a direction when there’s no real conviction behind the price action.
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