Crypto volume analysis

Relative volume, spikes, closes across key levels on volume, possible exhaustion candles and dry-ups, plus the taker buy/sell split where the venue publishes it and the open-interest trend on perpetuals. The app covers Binance spot and futures and Bybit, OKX and Gate.io perpetuals from 15m to 1W, on closed candles. The boards on this page show Binance spot on the 1h candle, so they carry no open interest.

On this page
Binance spot · 1h
The gauge
RVOL vs baseline
Volume states
5 read-outs
Order flow
Taker buy / sell split

Five volume states, one per coin

The scan puts each coin into its current volume state. Each coin shows at most one state, and only coins with a real volume event are listed.

  • Relative volume (RVOL). The latest closed bar against the average of the bars before it. 3× means three times normal.
  • Level crosses on volume. A close across a pivot or Fibonacci level that was in effect while the bar traded, on heavy volume, with where price is now against it.
  • Possible exhaustion. A heavy bar with a long wick against its own move after a run. Flagged as a possible blow-off, never called a reversal.
  • Dry-ups & squeezes. The bar, and the average of the last three, at 0.6× normal or less on a falling volume average. It shows where to look, not which way.
app.coinbeacon.io/detectors/volume

Volume · Binance spot

4 of 166 markets · 1h

EIGENUSDC1h
3.0×
Level cross
Trend +24% · 3↑56%
closed above Pivot R124h $85.3K
DIAUSDT1h
9.6×
Spike
Trend +66% · 1↑53%
1 bar of rising volume24h $155.5K
XTZBTC1h
8.2×
Level cross
Trend −17% · 2↑91%
closed below Pivot S124h –
IOTAUSDC1h
36×
Level cross
Trend +218% · 3↑90%
closed above Pivot R324h $155.7K

Only markets with a volume event · rebuilt as each candle closes

Order flow

Two moves can print the same volume and mean opposite things. Where the venue publishes a taker split (Binance does), CoinBeacon splits each bar into aggressive buying and selling, and on perpetuals adds the open-interest trend.

  • Taker buy / sell split. The share of the bar's volume from buyers lifting the offer versus sellers hitting the bid: buy, sell or mixed. Measured from the venue's own taker split; a candle's colour is never used in its place.
  • Open-interest trend. On perpetuals, rising OI means new positions; falling OI means positions closing into the move. Open interest exists only for futures, so the spot boards on this page show none.
  • Volume trend & streak. The slope of the volume average and how many bars in a row volume has risen.
  • 24h quote volume. Liquidity context per coin, so a spike on a thin pair reads differently from one on a deep market.

Who is doing the buying?

STRK USDT · Binance spot · 1h

RVOL 3.1× · $0.06386

Taker (aggressor) split

▲ Buy 55%45% Sell ▼

Volume state

Level cross

Taker flow

Buy-led

Volume trend

+119%

Rising streak

–

24h volume

$17.2M

Read

Continuation

Rising volume + buy-side aggression + a rising streak = real demand

The five states

See a spike you want to be alerted on next time? Turn it into a volume-spike alert, or read it alongside a chart pattern on the same coin.

  1. 01Rising Volume. A candle at 1.5× or more its normal volume, with a rising volume average or back-to-back higher bars: participation is building.
  2. 02Volume Spike. A single candle at 3× or more the average of the candles before it.
  3. 03Level Cross. A candle closes across a pivot or Fibonacci level that was in effect while it traded, on at least 1.5× normal volume. A level crossed with participation is not by itself a breakout.
  4. 04Possible Exhaustion. A heavy candle with a wick against its own move of at least half its range, after a move the same way. A possible climax, not a confirmed reversal.
  5. 05Dry-Up / Squeeze. Volume fading: the candle, and the average of the last three, at 0.6× normal or less, with a falling volume average. Quiet, not a direction.

Volume detector

The 12 strongest coins of 166 Binance spot markets in a volume state on the 1h candle, ranked by the strength of the event. One row per coin, each tagged with its current state, its multiple of its own average and which side was the aggressor.

app.coinbeacon.io/detectors/volume
Live boardupdated just now

Volume detector · Binance spot · 1h

166 in a volume state
Of the 148 strongest:87level cross33dry-up14rising7spike7possible exhaustion
CoinSignalVol ×Taker buyTF
IO/USDT$0.16910Level crossclosed above Pivot R2taker 59% · 1h3.6×59%1h
ZEC/USDC$1,362.41Level crossclosed above Pivot R3taker 27% · 1h3.7×27%1h
ZEN/USDT$6.5140Level crossclosed above Pivot R3taker 54% · 1h5.6×54%1h
EDU/USDT$0.07340Level crossclosed above Pivot R1taker 47% · 1h3.4×47%1h
BERA/USDC$0.18790Level crossclosed above Pivot Ptaker 76% · 1h5.3×76%1h
PHA/USDC$0.06050Level crossclosed above Pivot R1taker 16% · 1h12×16%1h
FF/USDT$0.10925Level crossclosed above Fib 0.5taker 4% · 1h35×4%1h
BEL/USDT$0.11590Level crossclosed above Pivot R3taker 58% · 1h8.6×58%1h
KGST/USDT$0.01127Level crossclosed above Pivot Ptaker 76% · 1h4.5×76%1h
GRAM/USDC$1.3570Spike1 bar of rising volumetaker 14% · 1h9.3×14%1h
ACH/USDT$0.00561000Level crossclosed below Pivot S2taker 12% · 1h4.8×12%1h
ROSE/USDC$0.00791000Possible exhaustionPossible exhaustiontaker 67% · 1h11×67%1h

Only markets with a volume event · rebuilt as each 1h candle closes

One venue on one timeframe. The in-app board runs the same detector across Binance spot and USDⓈ-M perpetuals on 15m to 1W, with the RVOL and streak filters and, on the perps, the open-interest trend that a spot read like this one does not carry.

How to use the crypto volume scanner

  1. 01Pick the market and the timeframeScan Binance spot pairs and the perpetuals on Binance, Bybit, OKX and Gate.io, then choose the candle interval: 15m, 1h, 4h, 1D or 1W. Every state is computed on closed candles, so a bar that looks enormous halfway through and finishes ordinary never becomes a signal.
  2. 02Set the bar for what counts as unusualRelative volume does the filtering: keep everything, or only coins running at least 1.5×, 2×, 3× or 5× their own baseline. A rising-streak filter keeps coins where volume has climbed several bars in a row.
  3. 03Read the state, then read the flowEach coin carries one state: rising volume, a spike, a close across a key level, a possible exhaustion candle or a dry-up. The card keeps what the candle did apart from where price is now. The taker buy/sell split (where the venue publishes one) shows the aggressor, the volume trend and streak show whether volume is building or fading, and on perpetuals the open-interest trend shows whether new positions are behind the move.
  4. 04Sort the boardSort by strength, relative volume, streak or what printed most recently. Only coins with a real volume event are listed, and the board refreshes about once a minute. Spikes also run as a volume-spike alert and level crosses as a Price action alert, sent to email, Telegram, Discord or a webhook.

Common uses

Reading a close through a level with volume

A close through a level on ordinary volume says little; the same close on three times normal has participation behind it. The Level Cross state pairs the two: a close across a pivot or Fibonacci level from the auto-marked key levels that was in effect while the bar traded, named, with where price is now against it. Whether price stays across it is for the closes that follow.

Spotting a blow-off top or a capitulation low

Possible Exhaustion flags a candidate for the end of a move: a heavy bar whose wick against its own move is at least half its range, after a run. It is a candidate, not a reversal. Read it alongside the candlestick pattern on the same bar: a shooting star on five times normal volume says more than a quiet one.

Volume dry-ups before the next expansion

Volume fading on a falling moving average is compression: a market ranging rather than trending. It tells you where to look, not which way it breaks, so pair it with smart setups, which lists these candidates as Breakout watch with the trigger level.

Telling real demand from a short squeeze

Two bars can print identical volume and mean opposite things. Buy-side taker flow with rising open interest is new money leaning long; the same volume with falling open interest is positions being closed, sometimes not by choice. When that second reading shows up on a perp, the liquidation tape shows how much of the move was forced.

Volume analysis FAQ

What is relative volume (RVOL) in crypto trading?
Relative volume measures the latest closed candle's volume against the average of the candles right before it (24 of them on the 1h chart), so 3× means three times its recent normal, not simply a big green bar. Because every coin is judged against itself, one threshold reads the same on BTC and on a thin small cap, which a flat volume number cannot do. Every state on the scanner is built from RVOL.
What does the volume analysis scanner actually measure?
It reads relative volume (RVOL), the latest closed candle against the average of the candles before it, then puts each coin into one state: rising volume, a spike, a close across a pivot or Fibonacci level on volume, a possible exhaustion candle, or a dry-up. It also shows the taker buy/sell split where the venue publishes one, 24h quote volume, and open-interest trend on perpetuals.
Which market and exchange does the volume data come from?
Volume states are computed from Binance spot and USDT-M futures, and from Bybit, OKX and Gate.io perpetuals, over closed candles, so a signal never repaints mid-bar. Scans run on 15m, 1h, 4h, 1D and 1W candles, and the board refreshes about once a minute. The taker buy/sell split comes from the venue's own candles, which only Binance publishes; elsewhere it reads as unavailable. Open interest is added for the futures (perp) coins. The live boards on this page show Binance spot on the 1h candle, so no row on them carries open interest.
How do you tell a real breakout from a fakeout?
Volume is the usual filter: a close through a level on ordinary volume says little, while the same close on heavy volume has participation behind it. The Level Cross state flags a candle that closed across a pivot or Fibonacci level on at least 1.5× normal volume. Pivot levels are redrawn every candle and Fibonacci levels move only when a new swing confirms, so a cross is a reference point, not proof of a breakout: the board shows where price is now against the level, and only later closes can say whether the move held.
Can I get an alert when a coin closes across a level on heavy volume?
Yes. On the board, choose Alert me on new level crosses, or create a Price action alert and pick Volume level crosses. Each check sends one message listing the coins whose candle closed across a pivot or Fibonacci level on at least 1.5× their normal volume, or 2×, 3× or 5× if you ask, for one coin, a watchlist or a whole exchange. About one coin in eight crosses a level on every candle, so a whole exchange is offered on 4h, 1D and 1W.
What does a huge volume bar with a long wick mean?
After an extended run it can be exhaustion, a climax rather than a start. The scanner flags it as Possible Exhaustion: a heavy bar whose wick against its own move is at least half its range, after a move the same way. That is the shape a blow-off top or a capitulation low tends to print. It is a candidate, not a confirmed reversal: price can just as well push through the wick on the next candle. Context matters: the same bar mid-range, with no run behind it, means much less.
Is falling volume bullish or bearish?
Neither on its own: fading volume is compression, not direction. The Dry-Up / Squeeze state flags volume falling away with a declining moving average. It tells you where to look, not which way a move will break.
What does rising open interest alongside rising volume mean?
Rising open interest means new positions are being opened into the move, not just changing hands. Falling open interest on the same volume means positions are being closed instead, which is what a squeeze or a flush looks like. Open interest is a perpetuals-only reading, so it appears on the futures coins and not on spot pairs.
Is the volume analysis scanner free to use?
Yes. The free plan includes every CoinBeacon feature: the volume scanner, all its states and filters, plus up to 5 active alerts with 10 notifications per day. No credit card and no exchange API keys.

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