A surge in Binance's spot trading volume indicates a return of buying activity and a decrease in selling pressure, even as Bitcoin surpasses $100,000.
Historically, spikes in Binance's spot volume have correlated with market tops due to euphoria-fueled buying and accelerated profit-taking behaviors.
Crypto analyst Darkfost suggests that the current volume increase on Binance reflects market strength if selling pressure remains low, indicating healthy accumulation interest.
Monitoring spot volume trends on Binance can provide valuable insights into investor behavior, with Binance accounting for a significant portion of global spot market activity.