📖 Order book in 60 seconds: a look at both sides of the market.
1️⃣ Bids below (buyers), asks above (sellers) — the gap in between = spread
2️⃣ Depth = how many orders are stacked on each side — thin depth means big orders have a greater price impact
3️⃣ Fresh example: ETH’s ±2% depth today on Coinbase is ~8.6M bids / 9.4M asks — plenty of liquidity, so slippage stays under control
Chart: ETH depth across venues today — where it’s thick, where it’s thin. 📊
Check liquidity first, execute after — this is where slippage starts. 👀
$ETH
#TradingBasics #OrderBook #CryptoEducation
1️⃣ Bids below (buyers), asks above (sellers) — the gap in between = spread
2️⃣ Depth = how many orders are stacked on each side — thin depth means big orders have a greater price impact
3️⃣ Fresh example: ETH’s ±2% depth today on Coinbase is ~8.6M bids / 9.4M asks — plenty of liquidity, so slippage stays under control
Chart: ETH depth across venues today — where it’s thick, where it’s thin. 📊
Check liquidity first, execute after — this is where slippage starts. 👀
$ETH
#TradingBasics #OrderBook #CryptoEducation