#BTC ETH Perpetual Large Orders#

Recently, the BTC and ETH perpetual contract markets have seen a massive amount of pending orders, attracting market attention. Among them, ETH perpetual contracts have 16.38 million pending orders, while BTC perpetual contracts have 14.49 million pending orders. These massive pending orders may indicate that market makers are carrying out large-scale opening or closing positions, potentially guiding price movements. Analysts suggest that investors can combine the holding difference indicator to judge the intention of market makers to open or close positions and follow their buying and selling operations in a timely manner. It is important to note that these massive pending orders are just one market signal. When making trading decisions, investors should also consider other factors, such as market fundamentals, technical indicators, etc., and manage risks effectively.