Weekend order books are thinner than on weekdays.
Traditional markets close on Saturdays and Sundays, while crypto markets stay open as usual. Being open doesn’t mean they’re just as deep. Market makers and institutional trading desks have fewer people on duty over the weekend, so orders thin out. A sell order of the same size pushes prices down further.
In recent sharp selloffs, the timing has mostly fallen on weekends and during the thinnest liquidity. The pattern has always been there, yet each time it happens, it seems sudden.
$BTC The cost of round-the-clock trading is written here: there’s no closing price to anchor to, no overnight pause to buffer emotions, and a single hour can cover the same ground as an entire weekday.
Many watch the price action; few watch the depth.
#BTC #ETH
Traditional markets close on Saturdays and Sundays, while crypto markets stay open as usual. Being open doesn’t mean they’re just as deep. Market makers and institutional trading desks have fewer people on duty over the weekend, so orders thin out. A sell order of the same size pushes prices down further.
In recent sharp selloffs, the timing has mostly fallen on weekends and during the thinnest liquidity. The pattern has always been there, yet each time it happens, it seems sudden.
$BTC The cost of round-the-clock trading is written here: there’s no closing price to anchor to, no overnight pause to buffer emotions, and a single hour can cover the same ground as an entire weekday.
Many watch the price action; few watch the depth.
#BTC #ETH
