đĄ Do you see that wall at 3000 USDC on ETH/USDC?
5,500 ETH for sale while the price is at 2550...
No, itâs not a real seller. Itâs an illusion.
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đ This kind of massive order far from the price is often spoofing.
A player places a wall to influence the market, to make it seem like there is a significant resistance, without wanting to sell.
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đ Result:
âą Some panic
âą Others hesitate to buy
âą The bots react
But in the end⊠the order disappears before being hit.
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đ The order book is a game of bluff. Learn to read between the lines.