#ETHUp70%InQ3ButLiquidityFalls $BTC $ETH 🚨
$ETH +70% IN Q3… BUT LIQUIDITY IS TELLING A DIFFERENT STORY 👀
Ethereum massively outperformed Bitcoin in Q3:
📈
$ETH : +70%
📈
$BTC : +42%
But here’s the surprising part…
While ETH was making a huge move higher, its market liquidity actually became thinner.
🔻 ETH median market depth dropped to around 35%–45% of Bitcoin’s, compared with 60%+ during the same period last year.
What does that mean?
⚠️ Larger orders may now have a greater impact on ETH’s price.
⚠️ Lower liquidity can mean more volatility and sharper moves.
⚠️ A strong rally doesn’t always mean a stronger market structure.
#ETHUp70%InQ3ButLiquidityFalls #cryptoalpha1816