The order book is not useful for "analysis"!

Good morning Crypto nation, today I will be brief. As the title says, the order book does not work for any analysis.

It is painful for me to see new users distressed because the book does not explain behavior.

For those who do not know, there are many types of market orders:

The first is a common order, buying or selling at a public price, that is, one that appears in the book.

Then there are orders that are only visible when the price reaches a certain level: These are limit or stop-loss orders. Just like in futures, in spot we can set stop-loss orders to avoid getting trapped.

Then there are market price orders, those that buy or sell at the available price, placed at the moment and executed instantly without prior notice.

Finally, the futures market pushes the prices in spot: If there is a massive buy/sell or liquidation of positions like these days, the price moves abruptly.

In summary, stop looking at this, it is absolutely useless.

Sincerely, Citizen Crypto.