In a volatile market, the reason why Binance’s contract position data is particularly important is because in this market environment, derivatives have become a key channel for the main players to make profits through market control. As the premier liquidity center for derivatives and spot markets, Binance’s trading data is not only authentic and reliable, but also far exceeds other exchanges in terms of trading volume. As a result, many institutional and quantitative traders choose to conduct their primary trading on Binance, which further enhances the sensitivity and importance of Binance data. In comparison, data from other exchanges may appear to be of limited utility or unresponsive due to insufficient realism or insufficient volume.
Binance’s built-in K-line system supports the intuitive display of position data and long-short ratio as sub-chart indicators. This is a highlight feature that I have recently discovered, and it is very practical and advanced. You can integrate these data into K-line charts for real-time viewing and analysis.
In data-driven trading, sensitivity to data is critical because data changes in real time. When the market enters a specific stage, valid data will usually release a clear signal. In addition, no matter which trading system is used, a large number of real trading operations and review analysis are essential. Therefore, finding a way to quickly learn and adapt in actual operations is a time-saving and efficient strategy.
From: Twitter @cs_zhaozilong
