I have created my own indicator based on accumulation/distribution concept which helps me to be ahead of other traders and predict market movement precisely
Volume is very important for successful trade; it can tell if the market strong or weak
Look to the chart, when BTC price dropped to 90k, volume was much stronger then I knew it was a bear trap, but if price drop and volume as well as it happened in the last few days then we have to be more careful !
Do you remember my post on Jun 12 when I said BTC has to rise to 70k then it will be clear if market is bullish or bearish, it touched the 70k and then deepened dive to 49k
Now once again we have to be careful, BTC has to test 102500 to 103500, then next leg will be more clear
Personally, I preferred if BTC not to clear the 100k right now and it takes another round of consolidation since volume is low
As I said before I know when the market will drop before it happens, simply since I can see if any whales decided to sell huge amount of coins during the rally which creates volume divergence