How to interpret a probit?

Excuse me, could you please elaborate on how one might go about interpreting a probit model in the context of cryptocurrency and finance? I understand it's a statistical tool used to model binary outcomes, but I'm curious about its specific applications and how it can help us make sense of market trends or predict certain outcomes in this field. Are there any common pitfalls or assumptions we should be aware of when using probit models in cryptocurrency and finance? Thank you for your time.