$BTC The upcoming market situation is clearly illuminated by order depth and large trader trends.
Real-time order prices range from 106740 to 107160, with numerous orders at each price point. For example, at the price level of 107160, there are 38.2 units of buy orders waiting to be executed, with a total of 1406 units in this vicinity, indicating that there is support at this price level in the current market.
Overall, this chart reveals several key pieces of information: first, there is support at the current price level, but the strength of support is limited; second, large traders are quietly observing and may intervene at any time to change the situation; third, both bulls and bears are evenly matched, and the market may continue to oscillate.
For us, the best course of action is to remain calm and not be swayed by short-term fluctuations. Focus on the movements of large orders, manage your positions well, and set appropriate stop-loss orders—this is the best strategy.
The market changes daily, and don’t let your mindset become too rigid. If you always feel like you're a step behind, feel free to reach out and chat.
