## Reading the Market Page
Every OraclBet market page displays key information that helps you make informed trading decisions. Here's how to read it.
## The Probability Chart
The main chart shows the market's probability (Yes price) over time. Key things to watch:
### Trend Direction - **Rising**: Market becoming more convinced the event will happen - **Falling**: Market becoming less convinced - **Flat**: No new information or balanced trading
### Sharp Moves Sudden jumps or drops indicate new information entering the market. Check news feeds to understand what caused the move.
### Volume Bars Below the probability line, volume bars show trading activity. High volume confirms price movements; low volume suggests fragile pricing.
## Key Metrics
### Yes/No Price - **Yes at $0.65**: Market estimates 65% probability - **No at $0.35**: Inverse of Yes (always sums to $1) - **Your edge**: If you believe the true probability differs from the price, you've found a trade
### Volume Total dollar value of all trades in this market. Higher volume generally means: - More accurate pricing - Better liquidity for entering/exiting positions - More trader interest and information
### Number of Traders How many unique wallets have traded this market. More traders = more diverse information = more accurate pricing.
### End Date When the market's question will be resolved. Markets closer to expiry tend to have sharper price movements as uncertainty resolves.
## The Order Book (On-Chain Mode)
When viewing the on-chain order book:
### Bids (Buy Orders) Prices at which traders are willing to buy. Stacked bids below the current price form a "bid wall" — support that prevents the price from falling easily.
### Asks (Sell Orders) Prices at which traders are willing to sell. Stacked asks above the current price form resistance.
### Spread The gap between the highest bid and lowest ask. Tight spreads indicate good liquidity; wide spreads mean higher trading costs.
## What to Look For Before Trading
1. **Volume trend** — is activity increasing or decreasing? 2. **Price stability** — has the price been steady or volatile? 3. **Time to resolution** — how much can change before the end date? 4. **Number of traders** — are you trading against a small group or a diverse crowd? 5. **Oracle configuration** — how exactly will this market be resolved?
## Conclusion
Understanding market data is essential for successful prediction market trading. Price reflects probability, volume confirms conviction, and the order book reveals supply and demand dynamics. Master these signals and you'll make better-informed trading decisions.