#ETH, BTC Perpetual Large Orders Emerge#
Hot Topic Overview
Overview
Recently, the ETH and BTC perpetual contract markets have seen a surge in large orders, drawing market attention. Among them, ETH perpetual contracts witnessed 15.95 million pending orders, while BTC perpetual contracts saw 5.88 million closeout pending orders. These large orders are displayed as thick lines on the candlestick chart, representing the inflow and outflow of huge funds, potentially exerting a significant impact on price trends. Analysts advise investors to closely monitor the movements of these large orders and combine them with the open interest indicator to gauge the intentions of market makers in opening and closing positions, enabling them to follow the market makers' buying and selling activities in a timely manner.
Ace Hot Topic Analysis
Analysis
Recently, the ETH and BTC perpetual contract market has seen a huge number of pending orders, attracting market attention. According to the article, there were 5.88 million pending orders for BTC perpetual contracts to close positions, while there were 15.95 million pending orders for ETH perpetual contracts to open positions. These massive pending orders could have a significant impact on price trends, so they need to be closely monitored. The article suggests combining the open interest difference indicator to judge the main force's opening and closing positions, and following the main force's buying and selling operations in a timely manner. In addition, the article also points out that the main force's large orders appear as horizontal lines on the K-line, with thicker lines representing larger pending order amounts and longer lines representing longer pending order times. This information can help investors better understand market dynamics and make more informed trading decisions. However, it is important to note that this information is for reference only and investors should conduct their own analysis and bear their own investment risks.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Main force large orders can guide the direction of prices, need to pay close attention
Main force large orders can be judged by the difference in holding positions indicator
Main force large orders are displayed as horizontal lines on the K-line
The thicker the line, the larger the order amount
The longer the line, the longer the order time
By observing the main force large orders, you can timely follow the main force to buy and sell operations