1. Exchanges Aggregates Orderbook Liquidity Chart (exchange Aggregates Depth)

Order Book Depth Aggregation Chart, obtain the snapshot data of the order book of the above exchange at regular intervals, and calculate the Depth situation of the 1% price range of each currency each time. This chart allows for intuitive viewing of the difference in Depth data of the aggregated order books of various exchanges. When the difference at any point in time is positive, the pillar in the chart is displayed in green, indicating that the buy order Depth of Bitcoin is thicker than the sell order Depth at that moment; otherwise, it is displayed in red, indicating that the sell order Depth is thicker than the buy order Depth.

Generally speaking, the spot price of the exchange can guide the futures contract price, because the contract is a derivative of the spot, and its price will be pegged to the spot price itself, as can be seen from the following chart

At 1, it is very obvious spot order to sell, may be a potential top.

At 2 previous support levels, it can be seen that spot is actively buying here.

3,4 are both relatively obvious sells

From this information, it can be inferred that there is selling pressure at key positions, but this is not a precise indicator, it is just for reference. Specific confirmation still needs to be combined with other factors.