#Large ETH, BTC orders appear#

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Overview

Recently, there have been a large number of pending orders in the BTC and ETH markets, with 11.82 million pending orders in BTC perpetual contracts and 16.38 million pending orders in ETH perpetual contracts. These large pending orders may guide price movements, so they need to be closely monitored. Analysts suggest combining the open interest difference indicator to judge the main force's opening and closing positions, and recommend opening a PRO membership to follow the main force's buying and selling operations in a timely manner.

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Analysis

Recently, large orders have appeared in the ETH and BTC markets, attracting market attention. According to analysis, these large orders may be the result of manipulation by major players, aiming to guide price movements. The "perpetual opening" mentioned in the article refers to a concept in futures trading, where investors can hold contracts indefinitely without the need for delivery at maturity. Large orders are displayed as horizontal lines on the K-line chart, with thicker lines representing larger order amounts and longer lines representing longer order durations. Analysts recommend closely monitoring these large orders and combining them with the holding difference indicator to judge the intention of major players to open or close positions. By observing the movements of major players, investors can follow their buying and selling operations in a timely manner and grasp market trends. It is important to note that these analyses are for reference only, and investors should operate cautiously and avoid blindly following the trend.

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Classic Views

Large orders may guide the price trend.

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Large orders can be combined with the holding difference indicator to judge the main force's opening and closing positions.

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Large orders can be displayed as horizontal lines on the K-line, the thicker the line, the larger the order amount, the longer the line, the longer the order time.

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Paying attention to changes in large orders can help investors follow the main force's buying and selling operations in time.

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