📈 What It Means When Buy Side is greater than Sell Side on a Depth Chart
1. Higher Buying Pressure
More traders are willing to buy at or below the current market price.
The demand for the asset is stronger than the supply at the moment.
2. Potential for Price Support
A large number of buy orders below current price can act as a price cushion — if the price drops, these orders may fill, preventing further decline.
3. Bullish Sentiment
Traders may be accumulating, expecting the price to rise.
This can be a signal of a potential uptrend or at least short-term price stability.
📉 Be Cautious:
Sometimes, large buy walls (lots of bids) can be manipulative:
Traders (especially whales) may place huge buy orders to create a false sense of security or bullishness, then cancel them before execution.
This is called spoofing and is common in less-regulated markets.
Stay careful while you make trades !
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