Author: Inna Golovacheva, pouring by the facts, diluting with metaphors

What is a glass?

If you have ever traded on an exchange but haven't looked at the order book, you are like a person who comes to a tasting but smells the cork instead of the wine. And in addition, you are not a sommelier.

The glass (Order Book) is a place where greed and fear meet. It is a living list of everyone wanting to buy and sell an asset right now. No lyricism, just numbers, no fluff, just liquidity. Well, almost.

Depth of the glass - how strong is it?

The depth of the glass is like the degree of whiskey. The deeper it is, the harder it is to shake you.

This means that there are many orders in the glass, and buying/selling a large volume can be done without moving the price by 10%.

📌 If the glass is shallow, then even one whale can cause a pump/dump with a candle to the heavens.

📌 If the glass is deep, then the market stands still, like a bartender on shift (stable).

What does it look like?

The glass is divided into two parts:

Buy (Bid) Sell (Ask).

Center - current price. Everything below - they want to buy, everything above - they want to sell. This is the boiling point where desires meet.

What can be seen in the glass?

Walls - large orders that can stop the price movement. Often - fake. Manipulation. Gaps - zones where it's empty. If the price goes there - it will fall like into a pit.

Pulsations - orders appear and disappear within seconds. These are bots flirting with the market.

How to read the glass?

1. Look where the crowd is.

If all orders are at the same level, perhaps that's where the market will go to knock them out.

2. Volume is more important than price. Saw a fat order? Don't rush for it, check if it is being executed.

3. Watch the speed of changes. If the glass jerks like a shot after the last one - there's a bot. A human doesn't click that fast.

Where to look at the glass?

Exchanges with advanced interfaces:

Binance (tab 'depth')

Bybit / OKX / Bitget

TradingView (with connected data)

Separate resources:

Bookmap - visual glass (depth and history)

TensorCharts

TradingLite - beautiful, expensive, everything visible like on an X-ray.

Why 'glass' and not 'latte cup'?

Because this is not coffee, but degrees. When the market is bubbling, the glass froths, orders fly. When everything is calm, you can see the sediment: where the real levels are and where the illusion is. You look and understand:

📉 here you will get liquidated

📈 and here you can manage to take a sip

🧊 and here the ice has already melted a bit, soon it will spill.

💬 Final touch with ice:

Those who read the chart drink according to the situation. And those who read the glass pour themselves. So stop drinking at random. Learn to look into the depth. Otherwise, your deposit is just ice at the bottom of someone else's glass.

#CryptoAdoption #MarketPullback #TrumpTariffs #BinanceAlphaAlert #CircleIPO