Skip to content
Log inJoin free
Crypto

Reading BTC Liquidity, Not Just Price

4 min read

Liquidity over price

Price is the headline; liquidity is the story. When perp funding flips sharply positive while spot depth thins, moves get reflexive.

  • Watch funding vs. open interest
  • Watch bid/ask depth within 1%
  • Treat thin books as fragile, both ways

This is market structure commentary, not a trade recommendation.