Bitcoin order book liquidity indicates market bottom for BTC price

“Analyzing the combined spot order books, particularly at the spot order book depth of 0%-1% and 1%-5%, we see a pattern where low liquidity in the order book often coincides with market lows,” Shubh Verma , co. – the founder and CEO of Hyblock Capital, said in an interview with CoinDesk. “These low order book levels can be early indicators of a price reversal, frequently preceding a bullish trend.”