#ethup70%inq3butliquidityfalls ETH +70% in Q3.
BTC +42%.
Beautiful on the chart.
But I have one question that keeps me awake.
Is this growth organic?
Reported ETF inflows into ETH were about $3.1B. That is real money.
But the order books got thinner. ETH depth is reported at only 35-45% of BTC's, down from 60%+ a year ago.
A tall tree with shallow roots.
It looks strong in calm weather.
My old rule from the screen:
A pump always stands on the weaker foot of the dump.
Not because every pump dumps. Because thin books make every move bigger, up and down. They don't tell us which way.
So let's discuss. Not predict.
1️⃣ Do you trust ETF flow as organic demand, or is it just a different kind of pump?
2️⃣ Which do you watch first: spot volume, open interest, or funding rate?
3️⃣ In thin liquidity, do you trade smaller or stay out?
I trade smaller. Years of candles taught me that the market doesn't punish being wrong. It punishes being big and wrong.
Tell me your rule below. 👇
#ETHUp70%InQ3ButLiquidityFalls #BTC #ETH #TradingDiscipline #Binance
BTC +42%.
Beautiful on the chart.
But I have one question that keeps me awake.
Is this growth organic?
Reported ETF inflows into ETH were about $3.1B. That is real money.
But the order books got thinner. ETH depth is reported at only 35-45% of BTC's, down from 60%+ a year ago.
A tall tree with shallow roots.
It looks strong in calm weather.
My old rule from the screen:
A pump always stands on the weaker foot of the dump.
Not because every pump dumps. Because thin books make every move bigger, up and down. They don't tell us which way.
So let's discuss. Not predict.
1️⃣ Do you trust ETF flow as organic demand, or is it just a different kind of pump?
2️⃣ Which do you watch first: spot volume, open interest, or funding rate?
3️⃣ In thin liquidity, do you trade smaller or stay out?
I trade smaller. Years of candles taught me that the market doesn't punish being wrong. It punishes being big and wrong.
Tell me your rule below. 👇
#ETHUp70%InQ3ButLiquidityFalls #BTC #ETH #TradingDiscipline #Binance
