The increase in volume at the bottom or at the top can often be regarded as a bottom signal or a top signal. The logic here is "overbought" and "oversold". Often at the top, the bubble will be amplified by optimistic sentiment, and the price will deviate upward from its "intrinsic value". On the contrary, when the volume increases at the bottom, it will be amplified by extremely pessimistic sentiment, and the price will deviate downward.
Of course, this is not entirely true. For example, the two increases in volume on 2022/1/13 and 2022/5/11 correspond to the two relay positions of Bitcoin starting in November 21. Buying the bottom at these two points will be buying halfway up the mountain.
So how do you judge whether it is a relay or a bottom (or peak)?
I don't pretend to be able to judge it, it's still quite difficult
😂
