$ETH Up 70% in Q3 ~ But the Market Below It Got Thinner, Not Deeper. 🤔
Here's the part most headlines skip:
ETH beat BTC's 42% gain with a 70% run, yet its order book depth fell to just 35-45% of Bitcoin's, down from 60%+ a year ago. Usually rising prices pull in more liquidity. ETH broke that pattern.
What it means for traders:
Bigger orders can swing price more than the chart alone suggests. Still tradeable (most exchanges hold $1M+ depth), just less cushioned than the rally makes it look.
💬 Does thinner liquidity worry you, or is the price action all that matters? 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #BinanceSquare
#ETHUp70%InQ3ButLiquidityFalls
Here's the part most headlines skip:
ETH beat BTC's 42% gain with a 70% run, yet its order book depth fell to just 35-45% of Bitcoin's, down from 60%+ a year ago. Usually rising prices pull in more liquidity. ETH broke that pattern.
What it means for traders:
Bigger orders can swing price more than the chart alone suggests. Still tradeable (most exchanges hold $1M+ depth), just less cushioned than the rally makes it look.
💬 Does thinner liquidity worry you, or is the price action all that matters? 👇
⚠️ Not financial advice. DYOR.
#ETH #Ethereum #BinanceSquare
#ETHUp70%InQ3ButLiquidityFalls