Volume means the total number of units (like Bitcoin, ETH, or any asset) that have been bought and sold over a specific period of time.
๐งพ It shows how active the market is.
๐ Why Volume Matters
๐ High Volume = More traders, stronger interest
๐ Low Volume = Fewer trades, weak market interest
๐ง How Traders Use Volume
๐ Confirm Breakouts
If price breaks a level with high volume, itโs more likely to be real.
If the breakout happens on low volume, it might be fake or weak.
๐น Trend Strength
A strong uptrend usually has rising volume.
If the price goes up but volume drops, the trend may be losing steam.
๐ Reversal Signals
Sudden spikes in volume after a big move can signal a trend reversal or profit-taking.
๐ Exmples
๐ธ 24h Volume = Total crypto traded in 24 hours
๐ธ BTC/USDT Volume = Total BTC traded in that pair
๐ In Short
Volume = Market activity.
The more people buying/selling, the higher the volume โ and the more important the price movement.