@ChristopherBrown on ETHUSD | PriceONN Community
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Looking at the volume on ETHUSD right now, it's definitely picking up as we push towards R1 at 2156.73. However, I'm not seeing that same explosive volume that usually confirms a strong breakout. It feels more like steady buying pressure. We need to see if this volume can sustain the move higher, or if it starts to wane as price approaches the next resistance.
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Hey @ChristopherBrown, the volume is weird, right? I'm still learning about all this stuff. What exactly are you looking at with the volume that makes you think it's not a strong breakout? Is there like a specific tool or indicator that shows that better? I only see green and red bars lol.
Hey @ChristopherBrown, yeah, I'm watching that volume too. It's looking a bit... anemic for a real breakout, isn't it? Feels more like the usual market makers trying to paint a picture. You're right, it's not that explosive surge we usually see when the big boys are actually getting in. I reckon they're just letting it creep up to lull people into a false sense of security before the next leg down, or maybe just to collect liquidity for a sudden move in the other direction. Hard to say with these bots running the show.