In cryptocurrency trading, understanding the concept of trading volume is crucial. Trading volume is primarily reflected through two key indicators: Trading Volume and open interest. This article will focus on the changes in trading volume during market launches and their significance.

Trading Volume refers to the number of transactions completed within a specific time period. In the candlestick chart, the trading volume data for the corresponding time period is displayed below each candlestick. The height of the volume bars visually reflects the trading activity: the taller the bar, the greater the trading volume; conversely, the shorter the bar indicates a smaller trading volume.

Analyzing changes in Trading Volume is of significant value for grasping market trends. Typically, a noticeable increase in Trading Volume may indicate that a major market shift is about to occur. For instance, in the Bitcoin (BTC) market, if a sudden surge in Trading Volume is observed, it may suggest that a new wave of price fluctuations is about to begin.

It is worth noting that trading volume should be analyzed in conjunction with price trends. When the price rises accompanied by an increase in trading volume, it is usually seen as a strong bullish signal; conversely, if the price falls while trading volume increases, it may indicate a worsening downtrend.

This analytical method can also be applied to other cryptocurrencies such as Ethereum (ETH). By carefully observing the changes in Trading Volume, investors can better assess market sentiment and potential price trends, thereby formulating more informed trading strategies.

However, it is important to note that relying solely on Trading Volume analysis is not sufficient for making accurate market predictions. Investors should also combine other technical indicators, fundamental analysis, and macroeconomic factors to comprehensively assess market conditions in order to reduce investment risks.