Volume trading refers to the measurement of the number of assets traded over a specific period. In the context of cryptocurrencies, it indicates the total quantity of coins that have changed hands, usually measured on an exchange.High trading volume often suggests strong interest in a particular asset. It can signify that a price move is likely to be sustainable, as more participants are involved in buying and selling. Conversely, low volume may indicate a lack of interest, making the price more susceptible to manipulation.Traders frequently use volume as a tool to make decisions. For instance, a sudden increase in volume can signal a potential breakout or reversal in price trends. Analyzing volume alongside price movements can provide insights into market sentiment and momentum.Understanding volume can help traders identify opportunities and manage risks more effectively. It plays a crucial role in strategies such as day trading, swing trading, and long-term investing. By keeping an eye on volume trends, traders can enhance their market analysis and increase their chances of successful trades.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to