@E_Taylor on BTCUSD | PriceONN Community
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Looking at the BTCUSD charts during this London/NY overlap, the volume is a bit confusing to me. It spiked up pretty hard when it tested that 72k resistance level, but it didn't really break through, and now volume seems to be dropping off as the price pulls back a little. It doesn't feel like strong conviction from the buyers here. I saw that news about Robinhood's stock dropping because of geopolitical stuff and tech markets – I wonder if that's affecting crypto sentiment too, making traders hesitant to jump in aggressively. It feels like we're just churning, and the volume isn't really confirming any clear direction yet. If we see volume pick up on a move down to like 71k, that would be a bearish sign for me. But if it holds and we see volume come back on a push towards 72k again, then maybe smart money is still accumulating.