#OTC Here are the complete details of your OTC screen for Bitcoin ๐
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๐งพ 1. Order type: OTC (Over-The-Counter)
๐ You are in OTC mode, so:
* Not executed directly on the classic order book
* Ideal for large volumes
* Allows reducing market impact (what you were looking for ๐)
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๐ 2. RFQ vs Execution
* RFQ (Request For Quote): you request a personalized price
* Execution (current): you place your order directly
๐ Here you are in automatic execution mode
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๐ฐ 3. Current price
* BTCUSDT โ 74,827.49
* Variation: -0.71%
๐ Slightly bearish market in the short term
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๐ด๐ข 4. Buy / Sell
* ๐ข Buying BTC = you're betting up
* ๐ด Selling BTC = you're betting down
๐ Currently selected: Sell BTC
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๐ 5. Amount
* You need to enter the amount of BTC to trade
* Example:
* 0.01 BTC โ 748 USDT
* 0.1 BTC โ 7,400 USDT
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โ๏ธ 6. Execution mode: TWAP vs POV
๐น TWAP (Time Weighted Average Price)
* Order split over time
* Slow and discreet execution
* ๐ Ideal to avoid impacting the market
๐น POV (Percentage of Volume) โ (selected)
* Follows market volume
* More aggressive when the market is active
* ๐ Good for entering quickly without too much slippage
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โฑ๏ธ 7. Urgency
* Low ๐ข โ slow, discreet, better price
* Average
* High
* Urgent ๐ด โ fast execution, but more cost
๐ You're in Low:
โ Less market impact
โ Better price control
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๐ 8. Expiration
* Order valid until April 27, 2026
๐ After that, it gets canceled automatically
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๐ง 9. Optional parameters
* Trader (counterparty)
* Expression of interest
* Order history
* Chat
๐ Mainly used by pro traders/institutions
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โก Conclusion (important)
You're on a pro tool for:
โ Reduce your market impact
โ Execute smartly
โ Trade like the institutions
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๐ฏ Sniper advice
With this setup:
๐ If you want to be ultra precise:
* Set POV + medium urgency
* Entering key zone (support/resistance)
* Combine with M15 confirmation
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If you want ๐ฅ
I can tell you exactly to BUY or SELL now + precise level + SL/TP from the current price ๐ฏ
