Guys, you must keep a close watch on today's market movements! The recently completed super large order is simply explosive; have the PRO members seen it? Big actions for ETH are coming; the situation is urgent. I'll first analyze the main large orders in the live stream, and there will be benefits to give away later~
What time did you all wake up this morning to check the market? When that over seventy million BTC large order came in at 10 o'clock, the price surged instantly; that was quite thrilling.
However, let's focus on ETH—this timing for the main funds entering must be emphasized! Over seventy million short orders have only been closed by over fifty million; they are not fully liquidated. The latest situation is that the order wall has already been set up below ETH.
Based on the current situation, it may need to drop a little first before it can truly rise. Old fans know that the first interest rate cut often does not meet market expectations; at that time, it is very likely to be pushed down first, and we will have to wait for the actual interest rate cut decision to see the outcome.
Looking at BTC, the main actions are pitifully few; it is clear that all the funds have run to the ETH battle zone. The last time this happened was when BTC was soaring; at that time, all the main funds were in BTC, and ETH couldn't even get a drop.
Now it has reversed; ETH has become a hot commodity. The large orders over twenty million above ETH are likely the liquidation of the seventy million short orders from this morning. Although we need to pay attention, the focus should mainly be on ETH. Currently, the order wall below has already been eaten a little; the lowest may reach around 4190, and by then, the large order pressure above should be digested.
Speaking of practical tips, we must mention our clearing heat map! For those who don't know how to use it, look here: open the PC client, follow the steps to find this indicator, and it looks like this when opened. Remember a little mnemonic: the darker the area, the more 'mines' it seems to have buried, and the price is easily drawn to here; if you're not careful, it might trigger liquidation.
For those who opened contracts, you must click to see—be aware of how many 'potential burial items' there are in the market and think clearly about whether you want to step into this pit. Do the numbers seem dazzling? Just pull the K-line larger, like this, right? Whether the K-line looks good or not is not important; the internal 'danger zones' are key. First, understand the indicators; this is roughly the effect.
For those shorting ETH, pay attention to this price level; it is likely to pause shorting when it rises to this vicinity. If your liquidation price for shorting is around 4358, you should be a bit anxious; the risk is not small. Friends who are going long should pay attention to another price level, where liquidation orders are clustered.
Today's key information is all here: under the expectation of interest rate cuts, the main funds are all invested in ETH, and the large transaction movements hide the short-term rhythm. By combining the clearing heat map to avoid liquidation zones with this set of strategies—main large orders + clearing heat map—let's grasp the market and earn dollars together!
This article only represents the author's personal views and does not reflect the platform's position and views. This article is for information sharing only and does not constitute any investment advice to anyone.