#BTC ETH Perpetual Large Orders#

Recently, a large number of large-order pending orders have appeared in the BTC and ETH perpetual contract markets, attracting market attention. According to monitoring data, 9.94 million pending orders were closed in the BTC perpetual contract market, 17.29 million pending orders were closed in the ETH perpetual contract market, and 11.25 million pending orders were opened. These large-order pending orders are usually manipulated by market makers, and their purpose may be to guide price trends, so they need to be closely monitored. These large orders are displayed as horizontal lines on the K-line chart, with thicker lines representing larger order amounts and longer lines representing longer order durations. To gain a more comprehensive understanding of market maker data, you can subscribe to a PRO membership to view the complete market maker data report. The appearance of these large-order pending orders reflects the expectations of market participants regarding future price trends and may also have an impact on the market. Investors need to closely monitor market dynamics, operate cautiously, and avoid blindly chasing rallies or selling on dips.