🚨 ETH JUST OUTPERFORMED BTC BUT THERE'S A WARNING SIGN
Ethereum surged roughly 70% in Q3 2026.
Bitcoin gained about 42%.
That looks extremely bullish for ETH.
But underneath the price action, something important is changing.
ETH's order book depth near the market price has fallen to just 35%–45% of Bitcoin's.
A year ago, it was at least 60%.
That means there is significantly less liquidity supporting ETH compared with BTC.
And thinner liquidity cuts both ways.
Large buy orders can send ETH sharply higher.
But large sell orders can trigger much faster and deeper moves too.
ETH is outperforming.
But the market beneath it is becoming thinner.
That could mean bigger volatility is coming.
#Ethereum #ETH #Bitcoin #Crypto #Trading
Ethereum surged roughly 70% in Q3 2026.
Bitcoin gained about 42%.
That looks extremely bullish for ETH.
But underneath the price action, something important is changing.
ETH's order book depth near the market price has fallen to just 35%–45% of Bitcoin's.
A year ago, it was at least 60%.
That means there is significantly less liquidity supporting ETH compared with BTC.
And thinner liquidity cuts both ways.
Large buy orders can send ETH sharply higher.
But large sell orders can trigger much faster and deeper moves too.
ETH is outperforming.
But the market beneath it is becoming thinner.
That could mean bigger volatility is coming.
#Ethereum #ETH #Bitcoin #Crypto #Trading
