@lenaralph
During bull markets, volume spikes tied to FOMO often occur near the later stages of a rally. At this point, retail traders chase after visible gains, pushing prices sharply higher on surging turnover. These peaks frequently align with local or absolute highs, rather than mid-trend consolidations. Earlier in rallies, volume growth tends to be healthier and more evenly distributed, driven by institutional flows or whales. Toward tops, order books thin, spreads widen, and latecomers buy aggressively. This dynamic creates exhaustion signals, where prices may overextend briefly before retracing. Recognizing FOMO-driven volume helps anticipate reversals.