New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
How to understand volume-driven price increase?
The key term is volume increase, where the trading volume compared to previous periods significantly enlarges, showing a multiple-fold increase. At the same time, the price increase can take two forms:
1. The price surges dramatically, with the significantly enlarged trading volume representing a massive and unified buy order, pushing the price sharply upward in a short period, resulting in a large increase.
2. The price increase is relatively small, with the clearly enlarged trading volume simply viewed as the total of unified buy orders and trapped sell orders at the bottom, causing the price to gradually decline after rising, ultimately showing a modest increase.
It should be noted that: volume-driven rises at relatively low or absolute lows often mark the beginning of a new market cycle.