Market depth, or the collection of buy and sell orders, both close to and away from the market price, dried up over the weekend.

This pattern, which typically occurs at market turning points, suggests that BTC’s decline from late August highs above $65,000 has ended.

Liquidity, represented by market depth, measures the market’s ability to absorb large trade orders without affecting price. It tends to depend on several factors, including the time of day, market events at the time, and specific price levels.

Market bottoms are characterized by traders having difficulty making decisive moves, resulting in fewer buy and sell orders and lower liquidity. #BTC☀ #etf以太坊