Samoto

No volume, no problem!

Education
KRAKEN:ETHUSD   Ethereum
Often I hear from some other traders how we can not buy since there is "no volume"!

I don't think so since it makes sense that there is "no volume" (yet). That can be good, not only bad!
Usually, the volumes are the highest at the low and the top of the hype.
In between, they vary a lot since the situation is not that clear. A lot of uncertainty starts to happen.

Imagine now that you are a market maker. Isn't it easier to wait for lower volumes and more consolidation to happen in order to move the price with less money needed!?
That's why the lowest volumes are actually a good sign in between the extremes. You can see it from the graph!

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