Mastering Gate.io Big Data Dashboard in One Article

BeginnerFeb 26, 2024
This article mainly introduces the Gate.io cryptocurrency data dashboard and presents some crucial indicators for trading decisions.
Mastering Gate.io Big Data Dashboard in One Article

Introduction

The crypto market changes rapidly, and having first-hand information and data is a stepping stone to making accurate judgments. The fastest way to view the cryptocurrency market trend is to click on the big data platform on the Gate.io official website or enter the “Big Data” section under “Products” by pulling down on the Gate.io official website.

*The following will briefly overview eight important cryptocurrency information dashboards.

*Note:

  • All data in this article is as of January 19, 2024.
  • All views in this article are for reference only and are not intended as investment advice.
  • Unless specifically stated, the market mentioned in the text refers to the cryptocurrency market.

Crypto Liquidation Data

The big data platform on the Gate.io official website provides a view of liquidation data for 355 cryptocurrencies such as BTC and ETH.

In the cryptocurrency market, liquidation refers to the process where a trader’s position is forcibly closed due to significant losses or insufficient funds to meet the maintenance margin requirement. When a trader’s account funds fall below the required margin level, the exchange initiates the liquidation process. This means the trader’s position will be closed at the market price to cover losses and unpaid debts. Liquidation is a risk management mechanism that helps ensure market stability and the safety of investors’ funds.

Liquidation data can help investors timely understand market conditions and risks, thereby more effectively managing their investments.

Contract Positions

In blockchain investment, contract position data can provide critical insights and information, helping investors make more informed decisions. Here are some roles of contract position data in blockchain investment:

Market Sentiment and Trend Analysis: Contract position data can reflect the sentiment of market participants and their expectations for price trends. If the contract position volume increases, it may indicate an increased expectation of price rises among investors and vice versa. By analyzing these data, investors can better understand market heat and trends.

Risk Management: Contract position data can help investors assess the market’s risk level. If a large number of contract positions are concentrated in a few positions, it may increase market volatility and risk. Investors can use these data to adjust their positions and reduce risk exposure.

Market Liquidity: Contract position data can provide information about market liquidity. If there are many contract positions in the market, it may be more liquid, making transactions easier to execute. Conversely, if there are fewer contract positions in the market, it may lead to greater price fluctuations and difficulties in executing transactions.

Investment Strategy Formulation: Based on contract position data, investors can formulate more effective investment strategies. For example, if a large number of investors hold short positions in a contract, it may indicate potential downward pressure in the market, and investors can adjust their strategy accordingly to cope with potential price declines.

Contract position data plays an important role in blockchain investment, helping investors better understand the market and make more informed investment decisions. However, investors should use these data cautiously and combine them with other factors for comprehensive analysis.

Long-short Ratio

The Gate.io big data platform on the Gate.io official website supports viewing the long-short ratio for 356 types of coins, such as BTC and ETH.

The collective actions of market participants influence the market, and the long-short ratio is an indicator of market sentiment analysis related to the views and actions of market participants used to judge the relative strength of bullish and bearish sentiments in the market. The long-short ratio can also reflect the ratio of the number of long positions to short positions in the market, with a higher ratio of long positions indicating bullish market sentiment and vice versa.

  • BTC Contracts: View the long-short ratio of currency contracts.
  • Comprehensive Long-Short: Displays the quoted currency and the current ratio of long positions in the market.
  • Global Long-short: Viewing the global long-short ratio can attempt to analyze market trends.

Block Trades

Exchange block trade data also plays an important role in blockchain investment, providing important information about market behavior and trends. Here are some roles of exchange block trade data in blockchain investment:

Market Liquidity Analysis: Block trade data can provide information about market liquidity. If a large number of block trades occur in the market, it indicates that the market is relatively active and has good liquidity. This helps investors enter and exit the market more easily and execute transactions.

Market Sentiment and Trend Analysis: Block trade data also reflects the sentiment of market participants and their expectations for price trends. If a large number of block trades occur on the buy side, it may mean that investors’ expectations for price rises increase, and vice versa. By analyzing block trade data, investors can better understand market sentiment and trends.

Price Support and Resistance Levels: Block trade data can help identify price support and resistance levels. If a large number of block trades occur at a certain price level, it may indicate that the price has significant support or resistance. Investors can use this information to formulate trading strategies, such as buying at support or resistance levels.

Risk Management: Block trade data also provides information about market risk. If a large number of block trades are concentrated in a few positions, it may increase market volatility and risk. Investors can use these data to adjust their positions and reduce risk exposure.

Exchange block trade data plays an important role in blockchain investment, helping investors better understand the market, formulate more effective investment strategies, and manage risks. However, investors should use these data cautiously and combine them with other factors for comprehensive analysis.

Block Orders in Blockchain Investments

In blockchain investments, the data on exchange block orders is crucial because it provides key information about market participants’ intentions and depth. Here are the roles of exchange block order data in blockchain investments:

Market Depth Analysis: Block order data can provide information about market depth, that is, how many buyers and sellers are willing to trade at a certain price level. If there are many large block orders in the market, the market has deeper liquidity, making transactions easier to execute. This helps investors better predict market trends and execute trades.

Price Support and Resistance Levels: Block order data can also help determine the support and resistance levels of prices. If there are many large buy orders at a certain price level, it might mean that this price has significant support, and vice versa. Investors can use this information to formulate trading strategies, such as buying at support levels or selling at resistance levels.

Market Sentiment and Trend Analysis: Block order data reflects the sentiment of market participants and their expectations for price trends. If there are many large buy orders, it may indicate an increased expectation for a price rise, and vice versa. By analyzing these data, investors can better understand the market’s sentiment and trends and adjust their trading strategies accordingly.

Potential Trading Signals: Block order data might provide potential trading signals. For example, if there are many large sell orders at a certain price level, it could lead to a price drop. Investors can use these signals to adjust their trading strategies in response to potential price fluctuations.

Block order data plays a significant role in blockchain investments, helping investors better understand the market, predict price trends, and develop more effective trading strategies. However, investors should note that market conditions can change at any time, so it’s necessary to update and adjust their strategy timely.

Large Transfers in Blockchain Investments

In blockchain investments, the data on large exchange transfers is also very important because it provides key information about market activity, investor behavior, and capital flow. Here are the roles of exchanging large transfer data in blockchain investments:

Capital Flow Analysis: Large transfer data can provide information about the direction and scale of capital flow. If there are many large transfers, it might indicate significant capital movements in the market, where investors may be adjusting their positions or engaging in large-scale investment activities. By analyzing these data, investors can better understand the market’s capital flow and adjust their investment strategies accordingly.

Market Sentiment and Trend Analysis: Large transfer data can also reflect the sentiment of market participants and their expectations for price trends. For example, if many large transfers occur in the direction of buying, it may indicate an increased expectation for a price rise, and vice versa. By analyzing these data, investors can better understand the market’s sentiment and trends and adjust their trading strategies accordingly.

Potential Trading Signals: Large transfer data might provide potential trading signals. For example, if many large transfers occur on a specific digital asset, it might mean that the asset is receiving market attention and may experience price volatility. Investors can use these signals to adjust their trading strategies in response to potential market changes.

Market Liquidity Analysis: Large transfer data can also provide information about market liquidity. If many large transfers occur, it could increase market liquidity, making transactions easier to execute. Investors can use these data to assess market liquidity and adjust their trading strategies accordingly.

Exchange large transfer data plays a significant role in blockchain investments, helping investors better understand market conditions, predict price trends, and develop more effective trading strategies. However, investors should be cautious, as large transfer data may be subject to market manipulation or interference, thus requiring careful analysis and evaluation.


Holdings

Gate.io’s official big data platform supports the analysis of holdings distribution, holdings trend changes, and the inquiry of changes in the top 100 holding addresses for over 1600 cryptocurrencies, including BTC and ETH.

The number of holding addresses is of utmost interest to investors. Due to the public, transparent, and decentralized nature of cryptocurrencies, investors can gauge the popularity of a cryptocurrency or the activity level of a project by examining the number of holding addresses and concentration. Generally, a higher number of holders indicates stronger liquidity. A larger holding amount by top addresses indicates a higher concentration of that cryptocurrency.

  • Holding Address: This refers to an individual’s wallet address or holding account.
  • Holdings Distribution: This shows the holding status, primarily displaying the proportion of holdings by project teams, major holders, institutions, etc., and the overall concentration of holdings in a cryptocurrency. It also provides information on project popularity based on the number of holders.
  • Holdings Trend: This represents the trend changes in the holding percentages of the top 10, 20, 50, and 100 holders, mainly reflecting the concentration of holdings in a cryptocurrency.
  • Top 100 Address Holdings: A distinctive feature of this section is the “1-day/7-day change,” allowing for the monitoring of changes in the top 100 holding addresses, hence understanding the movements of project teams, major holders, and institutions.

Direction of Funds Flow

The Gate.io official big data platform supports funds flow analysis for over 1900 cryptocurrencies, including BTC and ETH.

The flow of funds into and out of exchanges is a crucial indicator of market trends. The liquidity in the crypto market is often understood as the transfer of cryptocurrencies between digital wallets and centralized exchanges. A positive net inflow to exchanges is interpreted as investors selling (bearish outlook) the cryptocurrency, whereas a negative net inflow is seen as buying (bullish outlook).

Funding Rate (FR)

The Gate.io official big data platform supports viewing the funding rates for 386 cryptocurrencies, including BTC and ETH.

The funding rate (FR) is a tool for aligning the prices of perpetual contracts with the spot index price. Analyzing its volatility can predict market sentiment and arbitrage opportunities. The funding rate is determined by the premium and interest rate, ensuring that the perpetual contract prices closely match the spot prices. Its correlation with price fluctuations is direct, but extremely high or low values may indicate overbought or oversold conditions, triggering market corrections. A negative funding rate appearing continuously for three days after a steady rise or sharp decline might suggest that prices will not continue to fall. Historical/forecasted funding rates can also offer risk-free arbitrage opportunities.

The funding rate mechanism is designed to adjust perpetual contract prices to align with spot prices. It is divided into historical and forecasted rates, with the former representing past data and the latter an estimate for the next exchange period. A positive funding rate indicates a bullish market and a negative one suggests a bearish outlook. The payment of the funding rate is completed between traders of opposite positions, not charged by the exchange. A noticeable increase in the funding rate can be seen as a signal for position chasing, especially in smaller altcoins, where manipulators might achieve a win-win situation through rate manipulation and contracts. When chasing at high levels, observing the match between market cap, contract rates, spot trading volume, and market value is crucial to achieving potential high returns.

Earning from rate differentials typically involves trading based on price differences across markets or platforms, known as arbitrage trading. This includes futures-spot arbitrage in futures markets, where you can exploit price differences between futures and the underlying spot prices, and cryptocurrency arbitrage, where you buy cryptocurrencies at lower prices on one exchange and sell them at higher prices on another.

Regardless of the arbitrage method chosen, it’s important to thoroughly research the market, understand the price differences between markets, and consider trading costs, risk management, etc. Additionally, using automated trading systems can make arbitrage strategies more efficient. However, while arbitrage trading theoretically offers stable profits, it also involves market and execution risks, necessitating caution. It’s advisable to test your strategy through simulation or small trades before engaging in arbitrage trading.

Data Monitoring

In this section, you can promptly identify cryptocurrencies that are rapidly rising or falling, helping you to understand market trends more quickly.

Price Rise and Fall

The Gate.io official big data platform supports the viewing of price rise and fall distributions and historical prices for 2037 cryptocurrencies, including sector concepts, trading pairs, and BTC, ETH, etc.

  • In the concept sector: you can view the rise and fall ratio of various sectors within the crypto industry, and clicking on any sector will display the rise and fall information for that sector’s trading pairs. Scrolling down allows you to view the detailed rise and fall of related concept sectors.
  • Trading pairs: You can view the rise and fall distribution of all trading pairs and the daily rise and fall calendar.
  • Cryptocurrencies: You can view the historical prices, historical positions, and monthly, and yearly data of 2037 cryptocurrencies including BTC, ETH, etc.

OTC (Over-The-Counter Market)

The Gate.io official big data platform supports viewing the OTC order statistics of three major mainstream currencies (BTC, ETH, USDT) and four major exchanges plus all network exchanges. OTC market order statistics for cryptocurrency exchanges are often one of the key indicators for understanding the heat of the cryptocurrency market. When funds flow into the cryptocurrency market from outside (places other than the cryptocurrency market) with buy orders exceeding sell orders, it is usually interpreted as the market being full of opportunities and attractiveness, indicating a high-heat market. Conversely, if sell orders exceed buy orders, it implies that funds are flowing out of the cryptocurrency market (capital flight to outside the cryptocurrency market), suggesting that investors may be less optimistic about the market during this period.

Grayscale Funds

Grayscale Funds is an asset management company focused on digital asset investments, offering digital asset trust funds as a way for investors to indirectly invest in cryptocurrencies. Grayscale Funds data includes changes in holdings, value of holdings, estimated costs, and a list of Grayscale Funds holdings, playing the following important roles in blockchain investments:

Market Participant Sentiment and Behavior Analysis: Changes in Grayscale Funds’ holdings reflect institutional investors’ sentiment and behavior towards the digital asset market. If Grayscale Funds’ holdings are increasing, it may indicate that institutional investors are optimistic about the digital asset market; otherwise, it may indicate a more cautious sentiment among institutional investors. These data can help investors understand the movements of institutional investors, making more informed investment decisions.

Market Liquidity Analysis: The value of Grayscale Funds’ holdings can reflect the scale of institutional investors’ investments in the digital asset market. If the value of holdings is high, it may increase market liquidity, making transactions easier to execute. Investors can use this data to assess the level of market liquidity and adjust their trading strategies accordingly.

Market Trend Analysis: By analyzing Grayscale Funds’ estimated costs and holdings list, investors can understand institutional investors’ investment preferences and strategies. For example, if the Grayscale Funds’ holdings list shows that institutional investors hold large positions in a specific digital asset, it could affect market price trends. Investors can use this information to predict market trends and adjust their investment portfolios accordingly.

Investment Decision Support: Data such as changes in Grayscale Funds’ holdings and the value of holdings can serve as important references for investment decisions. Investors can assess market sentiment and liquidity, predict price trends, and adjust their investment portfolios accordingly. This helps investors better seize investment opportunities and reduce investment risks.

Grayscale Funds data plays an important role in blockchain investments, helping investors better understand market conditions, predict price trends, and formulate more effective investment strategies. However, investors should use this data cautiously and conduct comprehensive analysis in combination with other factors to make accurate investment decisions.

Indicators for Forecasting

This indicator forecasts buy and sell positions:

  1. Select the cryptocurrency. The Gate.io big data platform offers a view of forecast data for 426 cryptocurrencies across the network, including BTC, ETH, etc.

  2. Choose technical indicators as the basis for your judgment.

  3. Select the historical price range. Within the time range box, you can choose the time you wish to view.

  4. Choose the trading time frame (15M/1H/4H).

Gate Ranking

The Gate.io official big data platform hosts an interesting section where you can quickly understand the current market’s popular attention, soaring hot coins/projects, new coin updates, rankings of gains and losses, changes in the market value of cryptocurrencies in the crypto market, and many areas of interest to investors: transaction volume rankings.

Here, Gate.io guides you to better understand the current crypto market dynamics, trends, and hotspots, enabling you to quickly grasp good projects and investment opportunities.

Conclusion

Leveraging the rich dashboards of the Gate.io official big data platform allows for a comprehensive and timely understanding of market trends, aiding in better analysis and interpretation of the crypto market. The direction and basis for judgment mentioned in the article should be objectively decided based on actual situations. The above should not be taken as investment advice; the crypto market has inherent risks, and investments should be made according to one’s risk tolerance. Hope this article can help you better understand the crypto market and seize the wealth code.

Author: Addie
Translator: Piper
Reviewer(s): Piccolo、Wayne、Elisa、Ashley、Joyce
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.io.
* This article may not be reproduced, transmitted or copied without referencing Gate.io. Contravention is an infringement of Copyright Act and may be subject to legal action.
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