#BTC ETH Perpetual Giant Orders Emerge#

Recently, huge pending orders in the BTC and ETH perpetual contract market have attracted market attention. According to monitoring data, BTC perpetual contracts have seen pending orders of 5.32 million and 5.88 million for closing positions, while ETH perpetual contracts have seen a pending order of 8.47 million for opening positions. These huge pending orders may guide price movements and therefore require close attention. Analysts point out that large orders from major players appear as horizontal lines on the candlestick chart, with thicker lines indicating larger pending order amounts and longer lines indicating longer pending order durations. Observing the movements of these large orders from major players can help investors better understand market trends and make more informed trading decisions. However, it is important to note that these huge pending orders are only reflections of market sentiment and do not necessarily represent the final price direction. Investors should make independent judgments when trading, combining other technical indicators and market information.