Trading Volume Has Skyrocketed This Week Amongst Large Cap Assets


📊 With #crypto markets soaring to new heights, and many market caps exceeding levels last seen in 2021 or 2022, large cap project trading volumes have reached their highest level since the collapse of #FTX. #Bitcoin, in particular, is seeing a significant surge both on exchanges and via Spot #ETF's.


Historically, we have seen these massive spikes associated with temporary tops or bottoms. More organic growth in trading volume is generally preferred when identifying signals for continued market cap growth. Note that this major rise in volume is coinciding with a 4:1 ratio between profit taking and loss taking.



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