Here’s a practical overview of how to use the trading strategy signal channel's order book alerts:

Figure 1: Discrepancy between spot and contract markets: Yesterday, around 905, the spot market indicated a large sell order, while the contract market showed a large buy order. At this point, the signals are inconsistent, indicating a divergence in capital; it’s best to hold a wait-and-see approach.

The actual reason is that there was indeed a large sell order of one hundred million on bybit's spot market that remained posted and was ultimately executed, which led to the signal of a sell order in the spot market. As for why this large sell order suddenly appeared on bybit, it’s difficult to know the truth behind it, so we’ll just hold our positions for now.

Figure 2: Consistency between spot and contract markets: In the early morning, when the price rose above 94, both the spot and contract markets simultaneously signaled sell orders. This is a case of resonance; based on historical data, as long as it’s not a strong trend, there will usually be resistance and a pullback at this point, making it an opportune time to enter for speculation.

For contract players, no matter the price position, there will always be those going long and those going short. Relatively smart players often manage to enter later and at key positions, which means they can find a reasonable point for speculation.