order book
Coverage of order book in the Nexus archive.
- Tracking raw exchange volume is the wrong metric to follow
The article discusses the limitations of using raw exchange volume as a metric to evaluate exchanges, highlighting the importance of considering other factors such as liquidity and depth. The author suggests a more comprehensive approach to evaluating exchanges, including checking rankings, liquidity, and order books. This approach can help identify potential issues with an exchange before using it.
- Anyone else watching this $76.2k level? Order book looks heavy.
The article discusses Bitcoin's price action near $76.2k and $74.7k levels, noting a sharp rejection at $76,927 and a potential bearish structure below $75k. The author highlights order book imbalances with 63% bids but stagnant price movement, suggesting 'hidden selling' and uncertainty about a bounce.