REVIEW COINGLASS – A LIFESAVER FOR FUTURES TRADERS!

💡To be honest, anyone who trades Futures without using Coinglass is like going into battle without wearing armor.

What’s great about Coinglass?

💎 Long/Short Ratio: Who's in the majority? Is the Long side or Short side crowded like a market fair? → Following the crowd often leads to painful liquidation.

💎 Funding Rate: By looking at this, you can tell which side is strong, and usually, going against funding makes you rich!

💎 Open Interest (OI): What’s the volume of open contracts? If OI increases while the price decreases → it’s a sign that sellers are offloading. Conversely, if OI increases + price increases → it indicates real money is flowing in.

💎 Liquidation Heatmap: This is the real deal. It shows which price levels will cause a lot of people to get liquidated → set your traps accordingly!

🗽In summary:

Coinglass is not a magical weapon, but it is an extremely powerful tool to avoid trading based on emotions.

⛵️The data helps me understand market sentiment, know when to wait, and when to execute trades.

Since I started using it, I’m less likely to “chase the peak with the FOMO crowd” and feel more confident every time I enter a trade.

👉🏼A small note: Coinglass data is for reference only, not a “holy grail.” Combining it with price action, RSI, MA… will optimize your trading.

💥If you haven’t used it yet, search: coinglass.com – free, easy to use, suitable for both newbies and those who “grind late into the night with charts.”