Recently, I found that many beginners don't understand the numerical units used on exchanges, so I'll give a simple explanation.

Actually, there are only a few units of measurement on exchanges, and once you master them, you won't be confused when looking at market data. The most basic is K, which stands for 1k; most people should know this. Then going up is M, which is 1 million; in other words, 1M equals 1,000K. Next is E, which is 100 million; this is often used when looking at the market cap of large coins.

Then there's B, representing 1 billion; this unit is more common when viewing trading volume or the funding data of some large projects. The largest is T, which is a trillion level number; this is usually involved when looking at the total global market size.

To summarize simply: 1K equals 1,000; 1M is 1 million; 1E is 100 million; 1B is 1 billion; 1T is a trillion. Remember this order, so you can quickly grasp the scale of numbers when looking at candlestick charts, market caps, or trading volumes. If there's anything still unclear, feel free to ask in the comments.