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3.coinglass
3.1 Recommendation:
• Cryptocurrency beginners: Coinglass has a user-friendly interface and provides a variety of teaching resources, suitable for investors who are new to the cryptocurrency market.
• Technical analysis enthusiasts: The platform provides a variety of technical indicators and analysis tools to meet the needs of technical analysis enthusiasts.
3.2 Advantages:
• Rich and diverse data indicators: Provide a variety of data analysis tools, such as funding rate arbitrage tools, BTC MVRV Z-score, cyclical indicators, etc., to help users gain a deep understanding of market dynamics and track institutional trends.
• The K-line indicators aggregate holdings, aggregate liquidation and other market information for the crypto market, which is conducive to analyzing the main force's behavior.
• Liquidation maps and liquidation heat maps can be used as references for opening positions to a certain extent.
• Free use: Most of the platform's functions are free, which reduces the threshold for use.
3.3 Disadvantages:
• Data integration needs to be improved: Compared with the aicoin platform, Coinglass does not have the functions of sector display and market movement tracking, which means that the service is not detailed enough.
• Some indicators are not explained in depth: Some indicators provided by the platform may be difficult for novices to understand and require additional learning.