If you look at the Bitfinex charts last January had far more Bitcoins traded than this rally. Some people said that volume proved that capitulation was over, and the bottom was in. Bitstamp shows slightly less volume than January, but averaged out across all exchanges we haven't had January's volume yet.
Just proves the point tbat charts can't always help in speculating as the market can react totally opposite of what the charts say. Volume with 0 fees is cool lol.
Aaaand it goes down hard