Asks (sell orders)
Orders from sellers indicating the price and quantity at which they are willing to sell a digital asset.
What is Asks (sell orders)?
Asks, or sell orders, form the supply side of a digital asset’s order book, displaying the lowest prices sellers are willing to accept and the quantities available, usually in red and ordered from lowest to highest. On exchanges like Coinbase, asks appear at the top, scrolling upward, reflecting seller intentions in real-time. The lowest ask, or best ask, sits at the top and matches first with buy orders.
Asks aggregate volumes at each price without revealing trader counts; for example, 100 BTC at $66,775 might come from multiple sellers. Large asks can signal resistance, where significant selling pressure caps upward price movement. In volatile markets, asks help assess liquidity, with clustered asks indicating potential sell walls.
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