BTC ETH Here’s a quick explanation of how to use the order book alert feature in the trading strategy signal channel with some examples: Pic 1: Spot and contract market divergence: Yesterday, around the 905 level, the spot market showed a large sell order alert, while the contract market showed a large buy order alert. At this point, the signals were inconsistent, indicating a divergence in funds. In such cases, it’s best to stay on the sidelines. The actual reason is that yesterday, there was indeed a $100 million sell order hanging on the Bybit spot market, which eventually got executed. This led to the sell order alert on the spot market. As for why this $100 million sell order suddenly appeared on Bybit, it’s hard to know the truth behind it, so it’s better to stay cautious and observe for now. Pic 2: Spot and contract market alignment: Early this morning, when the price reached above 94, both the spot and contract markets showed sell order signals simultaneously. This is a case of consistent resonance. Based on historical data, unless there’s a strong trend, this situation usually leads to resistance and a pullback, making it a good time to enter the market for a trade. For contract players, no matter where the price is, there will always be people going long and others going short. The smarter players tend to enter later and at key levels—they’re able to find a reasonable point for their trades.