#BTC ETH skyrocketing and plummeting#
Hot Topic Overview
Overview
Recently, the prices of BTC and ETH have fluctuated significantly, attracting market attention. According to the latest data, there are 23.99 million pending orders for ETH perpetual contracts and 5.93 million pending orders for BTC perpetual contracts. These large orders may guide the price trend and need close attention. Analysts suggest that investors can combine the holding difference index to judge the main force's opening and closing positions, and follow the main force's buying and selling operations in time.
Ace Hot Topic Analysis
Analysis
Recently, the prices of BTC and ETH have experienced significant fluctuations, attracting market attention. According to the latest data, ETH perpetual contracts have seen 23.99 million pending orders, while BTC perpetual contracts have seen 5.93 million pending orders. These large order volumes may indicate that market makers are engaging in large-scale opening and closing positions, potentially influencing price trends. Analysts suggest closely monitoring these order changes and incorporating open interest indicators to gauge market maker intentions. By real-time monitoring of large order volumes in the market, reports can be automatically generated and pushed to help investors understand market trends promptly. However, it is important to note that these data are for reference only, and investors should exercise caution in their judgments and make investment decisions based on their own circumstances.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BTC and ETH price fluctuations are affected by large orders, you can monitor the opening and closing positions of perpetual contracts to judge the price trend.
Large orders can be combined with the holding difference indicator to determine the main opening and closing intentions.
Monitoring large order orders in the market can help investors understand the market trend in a timely manner.
Opening a PRO membership can get a more complete main force data report to help investors make more informed investment decisions.