Green Oasis (GRNO)

[techtrade]

My point is that if there are few trades, it's generally because there's a shortage of buyers, not sellers. You'll notice that when the hype appears and buyers come in, there's always enough shares to sell. You don't see the price going up incredibly fast.

When there are few trades, it's simply because buyers and sellers can't agree on a transaction price. If there were no buyers, the bid would disappear instead of getting walked down when sell volume increases. I don't know what you consider incredibly fast, but there are several instances in the last few months where the price jumped 50%+ in a day, yet the price seldom goes down that fast.

But when there's no hype, you see low volume because sellers don't want to tank the price.

The low volume is because there are only so many sellers willing to sell at the bid. Low volume usually indicates a "disagreement" between buyers and sellers, often marking inflection points (applies to daily volume and intraday volume).