The $BLZ spot contract buying and selling order volume gives me the feeling that it is completely different.
I have been paying attention to this currency since around Christmas, and I have made some small profits. The pending order volume of 0.33 in the blz contract is too large. Basically, as soon as it hits 0.33, it immediately rebounds and rises. My understanding is that the chips in this coin are very concentrated and the market control is very strong. Retail investors cannot destroy the market by selling spot goods, so the "banker" can repeatedly perform arbitrage in the 0.33-0.4 range and complete further washouts and fund-raising, which is a very powerful way to control the market.
I don’t know what you think?