Kraken EUR markets
Kraken forms, together with Bitvavo, the first foundation of Markets Understood for tracking and analyzing EUR spot markets.
By looking beyond a single trading platform, MU gets a broader view of what is happening in the market. Kraken helps EUR market activity be viewed from more than one trading environment and makes differences between markets easier to place in context.
TWO EUR MARKETS
Why Kraken?
Kraken gives Markets Understood a second important source for EUR spot markets. This means MU does not have to view a notable market move from just one trading platform.
When a coin starts moving more strongly across several markets at the same time, this can provide additional information about the breadth of the move. Conversely, it can also be relevant when activity is mainly visible on one platform.
The goal is not to play Bitvavo and Kraken against each other. MU uses both markets to build a better picture of EUR market activity and differences that may be relevant to the analysis.
MARKET INFORMATION
What market information?
Markets Understood looks at price movements, changes in trading volume and how strongly a move is developing on Kraken.
What happens on Kraken itself is not the only thing that matters. MU can also compare the same coin with other EUR markets to see whether a move is visible more broadly or stands out more strongly in one place.
These differences can provide additional context. For example, a rapid rise on Kraken may become more relevant when similar activity is also visible elsewhere. If it is not, that may instead be a reason to view the move more cautiously.
This information helps MU organize market activity before a possible scenario or trade plan concept is developed further.
MARKET DIFFERENCES
Why differences between markets can be useful
The same coin can move slightly differently across trading platforms. Price, trading volume and the speed of a move do not always develop in exactly the same way.
When activity on Kraken is clearly stronger than elsewhere, MU can take this into account when assessing the market move. When several EUR markets show roughly the same picture, this can instead help determine whether a move is becoming more broadly supported.
MU does not use this comparison as a standalone buy or sell signal. It is one part of the larger market picture. Price behavior, volume, strength of the move, context and risk remain important together.
INDEPENDENT
Independent platform
Markets Understood is an independent analysis platform and is not part of Kraken.
MU uses Kraken as a market source for analyzing relevant EUR spot markets. The assessment and presentation of market information within Markets Understood are developed independently by MU.
Markets Understood does not execute transactions for users. You decide for yourself whether to act on the information shown and remain responsible for your own trading decisions and risk.
Also explore Bitvavo EUR markets
Compare Bitvavo and Kraken for EUR spot
To compare Kraken EUR markets visually by price movement and activity, also explore the Crypto Heatmap.