$BTC holds at $83k. Order books are deep. Alts are still thin.
Sunday. $BTC ~$83k. $ETH ~$2,490.
No break above $87k. No drop back below $80k.
Since October 10 last year:
The $BTC order book near the price is ~75% deeper than on crash day.
$ETH has rebuilt liquidity too.
Alts haven’t. Wicks are still killing people.
Funds are still dumping this week.
$ETH ETFs: around −$542M.
$83k on a Sunday = waiting, not a breakout.
A deep order book means $BTC is harder to sweep.
It doesn’t mean alts are safe.
Are you guys waiting for the new week, or accumulating alts with thin order books?
Do your own research.
$BTC $ETH
#BTC #ETH #BinanceSquare
Sunday. $BTC ~$83k. $ETH ~$2,490.
No break above $87k. No drop back below $80k.
Since October 10 last year:
The $BTC order book near the price is ~75% deeper than on crash day.
$ETH has rebuilt liquidity too.
Alts haven’t. Wicks are still killing people.
Funds are still dumping this week.
$ETH ETFs: around −$542M.
$83k on a Sunday = waiting, not a breakout.
A deep order book means $BTC is harder to sweep.
It doesn’t mean alts are safe.
Are you guys waiting for the new week, or accumulating alts with thin order books?
Do your own research.
$BTC $ETH
#BTC #ETH #BinanceSquare