Cryptocurrency trading volumes as the main confirmation of the trend
Trading volume is a fundamental indicator of the strength of a trend in the cryptocurrency market. It reflects real interest in an asset: how many users are currently buying or selling.
Without volume support, any price movement could be false or a result of market manipulation.
It is especially important not just to see the total volume, but to understand what portion of it is accounted for by purchases and what portion is accounted for by sales.
This information gives a real idea of who is currently in control of the market - the bulls or the bears.
If the trend is upward but volumes are falling, it's time to be wary. However, if rising prices are followed by rising volumes, especially buy trades, this is a sign that the trend is being confirmed by market activity.
Why trade volumes are so important
Trading volumes are one of the main ways to confirm the reality of market movement and the strength of the existing trend.
Market volumes help:
- Distinguish a real trend from “empty” price movement.
- Understand where strong support or resistance lines .
- Assess the liquidity and interest of traders in a specific asset.
- Identify entries of major players based on volume spikes.
An increase in volume alongside rising prices indicates increased buying activity and an uptrend . A falling price alongside rising volume may signal the beginning of a downtrend.
Where to view total cryptocurrency trading volumes
Total volume shows how much money moved through trading platforms over a given period (usually 24 hours). It includes both purchases and sales, without dividing by direction.
| Platform | Total volume | Purchase and sale volumes | Access type |
|---|---|---|---|
| CoinMarketCap | Yes | No | Free |
| CoinGecko | Yes | No | Free |
| TradingView | Yes (on the chart) | No | Partially free |
| Binance (Spot/Futures) | Yes | Partially (on futures) | Free / API |
| Bookmap | Yes | Yes | Paid |
| ATAS | Yes | Yes | Paid |
| Quantower | Yes | Yes | Paid / demo |
| TradingLite | Yes | Yes | Paid |
Total volumes for cryptocurrencies can be seen at:
- CoinMarketCap ( https://coinmarketcap.com ) - Shows the daily volume of each cryptocurrency, as well as the global market volume.
- CoinGecko ( https://www.coingecko.com ) - Convenient display of volumes by assets and exchanges, sorting is possible.
- Binance, Bybit, OKX - The Markets and Spot sections display the 24-hour volume of each trading pair.
- TradingView - Displays a volume histogram below the chart, helping you visually correlate price movement with activity.
These sources are suitable for basic analysis and a general understanding of the liquidity level for a particular asset.
Where to view purchase and sale volumes by transaction direction
For a more in-depth analysis, it is necessary to separately assess how much of the volume comes from buyers and how much from sellers.
This data is called order flow or delta volumes, and it is available through special platforms:
TradingLite, Bookmap - Visualize the market order flow, displaying a liquidity heat map and volume trends. They allow you to see at what levels large orders are placed and where they are pushing the price.
ATAS, Quantower, ExoCharts - Professional-grade terminals for analysis:
- Buy Volume
- Sell Volume
- Delta (difference between purchases and sales)
- Cumulative Volume Delta
Binance Futures / Bybit Futures - Futures markets offer open interest indicators, bid and ask positions, and delta data that can be analyzed via API or terminals.
Trading volumes are no less important than the price itself. They allow you not only to follow the trend but also to understand who is currently in control of the market.
For basic analysis, general information from CoinMarketCap or Binance is sufficient. But if you want to truly delve into the market structure and track buy and sell volumes separately, use platforms with Order Flow and delta analysis. Volume indicators for your trading platform .
