#BTC Major Orders Appear#

Recently, a large number of main order have emerged in the BTC market, drawing market attention. According to monitoring data, there are 11.3 million pending orders in BTC perpetual contracts, as well as an $8.37 million bet on the integer level of $96500. The emergence of these large orders may indicate that the main force is guiding the price trend, and investors need to closely monitor its trading direction. The main order is displayed in the form of a horizontal line on the K-line, the thicker the line, the larger the pending order amount, and the longer the line, the longer the pending order time. By observing the scale and duration of the main order, we can infer its intentions. For example, large buy orders may mean that the main force is optimistic about the future, while large sell orders may indicate that the main force is bearish. However, it is important to note that the main order is not an absolute indicator of market trends. Investors need to make comprehensive judgments based on other technical indicators and market news when making trading decisions.