#Large ETH, BTC orders#

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Overview

Recently, the ETH and BTC markets have seen a surge in large-volume limit orders, attracting market attention. Among these, the ETH market has witnessed perpetual open orders of 15.95 million and 8.47 million, while the BTC market has seen a perpetual close order of 5.88 million. These large-volume orders appear as horizontal lines on the candlestick chart, with thicker lines representing larger order amounts and longer lines indicating a longer duration of the order. Analysts believe that these large-volume orders could influence price movements, and they advise investors to closely monitor them. Additionally, by examining the open interest difference, investors can discern the actions of major players. Enabling PRO membership allows for timely participation in trades alongside these market movers.

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Analysis

Recently, a large number of large orders have appeared in the ETH and BTC markets, attracting market attention. According to the article, these large orders are displayed as horizontal lines on the candlestick chart, with thicker lines representing larger order sizes and longer lines representing longer order durations. For example, ETH has seen perpetual opening orders of 15.95 million and 8.47 million, while BTC has seen a perpetual closing order of 5.88 million. These large orders are considered likely to guide price movements and therefore need close attention. The article also mentions that the open interest differential indicator can be used to determine the opening and closing positions of major players, and it recommends subscribing to PRO membership to follow the buying and selling actions of major players in a timely manner. Overall, these large orders reflect the expectations of market participants regarding the price movements of ETH and BTC, and investors need to carefully analyze market information and make wise investment decisions.

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Classic Views

Large orders may guide price trends.

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The larger the order amount, the greater the influence.

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The longer the order duration, the greater the influence.

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Combining the holding difference indicator can help determine the main force's opening and closing positions.

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