Sorry for asking such a basic question but I'm still not sure I fully understand how to read these charts:
For example I took this order book print from Bitstamp 5 minutes ago. Doesn't it mean basically that there is a lot more depth in the bid side compared to the ask side? So isn't that a very bullish signal (more people want to buy than sell)? But I often see similar charts without very bullish comments, which makes me wonder if I'm not understanding some factor here?

For example I took this order book print from Bitstamp 5 minutes ago. Doesn't it mean basically that there is a lot more depth in the bid side compared to the ask side? So isn't that a very bullish signal (more people want to buy than sell)? But I often see similar charts without very bullish comments, which makes me wonder if I'm not understanding some factor here?

It was mentioned in this thread before. We should not forget, there are currently USD 2.5 Mio lend on Bitfinex for Bitcoin long positions. I wonder how many coins are behind this sum (10000-15000?). With 57% pa, they are going to hit these bids sooner or later or will act as a future wall.