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Second Batch of Useful Tips
#事件合约
Today's market is simply taking off, brothers have made quite a bit.
Today's useful tips on how to judge the current range.
Everyone take a look at Figure 3, this shows the number of open orders in the spot market, which has a high win rate for event contracts.
There are 137 BTC sell orders at 95000, and there are also 130 BTC buy orders at 94800 and 94700 below.
This forms a range that can last for a while. Within this range, for 10-minute orders, short at highs and long at lows, it's simply delightful to profit.
Of course, this can also be viewed as short-term support and resistance.
When prices are around this level, you can directly place orders; having a pig trotter rice daily is not a problem.
However, all indicators will fail when encountering significant market movements, such as rapid increases or decreases, so when faced with large price changes, take a break, rest for a bit, and continue when the market stabilizes. Don't rush; the more anxious you are, the more chaotic it becomes.
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