Recently, using order book amount data to infer market trends has yielded surprisingly good results. Although the indicator may have some lag, it is still quite effective for judging medium- and short-term trend directions and rebound strength.



Taking BTC as an example, based on the morning market performance and evening technical review, the obvious support zone is around 91,000 to 92,500. Interestingly, ETH's response is completely consistent, indicating that this resistance level has been validated by multiple indicators.

The key question now is: whether a top structure can form on the 4-hour cycle still needs to be observed. The rebound trend itself is not yet complete, and whether the right shoulder can develop is crucial in determining the subsequent direction. From the short-term rhythm, there is still a possibility of further upward exploration.
BTC1,21%
ETH-0,12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
UnruggableChadvip
· 01-08 20:25
This order book setup is indeed solid and much more reliable than those flashy indicators.
View OriginalReply0
DegenDreamervip
· 01-07 01:57
I'm also using this order book trick, but I always feel it's easy to be fooled by a dump... The 9.1-9.25 range is really tightly locked, and BTC and ETH moving in sync is even more outrageous. I just don't know when the right shoulder will come out, still too nervous.
View OriginalReply0
ColdWalletAnxietyvip
· 01-07 01:57
The order book system is indeed interesting, but for the range from 9.1 to 9.25, I think we still need to see the trading volume to speak.
View OriginalReply0
AirdropHunterKingvip
· 01-07 01:55
Order book, I've been thinking about it too, but it needs to be coordinated with the liquidity situation. Simply looking at the amount data makes it easy to be tricked into a dump by big players.
View OriginalReply0
GasGoblinvip
· 01-07 01:52
The order book terminology was also tested a couple of days ago, and it does seem that looking at lagging data is indeed a problem. However, your data seems quite solid.
View OriginalReply0
SchroedingerGasvip
· 01-07 01:47
The order book method is indeed powerful, much more reliable than those flashy indicators. The range from 9.1 to 9.25 looks comfortable, and simultaneous validation of BTC and ETH is even more valuable. The key is whether the 4h can truly take shape; right now, it's all relying on the right shoulder.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)