#ETH, BTC skyrocketing and plummeting#
Hot Topic Overview
Overview
Recent significant fluctuations in BTC and ETH have caught market attention. According to the latest data, BTC perpetual contracts have seen 5.96 million pending orders, while ETH perpetual contracts have seen 9.29 million pending orders. These large pending orders could have a significant impact on price trends and warrant close monitoring. Analysts suggest paying attention to the movements of large orders and using professional tools to monitor market dynamics in real-time for a better understanding of market trends.
Ace Hot Topic Analysis
Analysis
Recently, ETH and BTC have experienced significant fluctuations, attracting market attention. According to the latest data, there are 5.96 million pending orders for BTC perpetual contracts and 9.29 million pending orders for ETH perpetual contracts. These large orders could have a significant impact on price movements. Analysts recommend closely monitoring changes in these orders as they may indicate the intentions of market makers. Currently, there is a general consensus in the market that these large orders are likely to be the result of market makers manipulating the price. Specifically, these orders could be intended to pump or dump the price, enabling them to profit. However, due to the lack of transparency in market information, it is difficult to accurately determine the true purpose of these orders. Therefore, investors need to carefully observe market changes and make investment decisions based on their own circumstances. Additionally, some platforms offer real-time monitoring of large order placements and automatically generate reports, which can help investors better understand market dynamics.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
BTC and ETH price fluctuations are affected by large orders, especially the liquidation and opening orders of perpetual contracts.
By monitoring large orders in the market, you can predict price trends.
The direction of major funds has a significant impact on the price of coins and needs to be closely monitored.
Using professional tools can more effectively analyze major data, such as the complete major data report provided by PRO members.