What are long and short orders Bitcoin?
I'm trying to understand the concept of long and short orders in the context of Bitcoin trading. Could someone explain what these terms mean and how they are used in cryptocurrency trading?
How many orders are there in a cryptocurrency order book?
As a finance practitioner with a keen interest in the intricacies of cryptocurrency markets, I often find myself wondering about the mechanics that drive the dynamics of these digital assets. One such question that often arises is regarding the depth and complexity of a cryptocurrency's order book. How many orders typically populate such a book? Do they vary significantly from one exchange to another? Or does the size and frequency of orders depend on the popularity and liquidity of a particular coin? Understanding the makeup of these order books is crucial for traders, as it can provide insights into market sentiment and potential price movements. I eagerly await answers that can help unravel this fascinating aspect of the crypto world.