Let's talk about market liquidity — starting with BTC and ETH charts.

When the market is volatile, instead of getting caught up in the trends, it’s better to spend some time mastering the tools at hand. Instead of developing a trading model from scratch, it's actually more efficient to use ready-made high-quality indicators. Recently, many people have been using various API real-time analysis applications, which are things summarized from the pitfalls of predecessors.

There's no need to mention the various indicators from Coinglass, which cover aspects such as contract positions, liquidation data, and funding rates. However, I must say that a deep understanding of liquidity indicators is crucial for grasping the market. By taking a high-level view of the on-chain data of BTC and ETH, combined with the order book depth of mainstream exchanges, one can more intuitively feel the actual supply and demand relationship in the market.

The entire market is shifting towards data-driven approaches. Whether you are trading or researching projects, mastering these analytical tools has become a fundamental skill. Instead of being bombarded with information, it is better to accurately obtain the data dimensions you need.