🚀 Bitcoin Market Depth Depletes Over Weekend, Signaling Potential Bottom
#Bitcoin #MarketDepth #Liquidity #MarketBottom #PriceReversal #BullishTrends #HyblockCapital #CoinDesk #BTC
According to BlockBeats, data tracked by Hyblock Capital on September 14 indicates that market depth, which encompasses buy and sell orders close to or far from market prices, depleted over the weekend. This pattern typically appears at market turning points, suggesting that the downward trend of Bitcoin from its late August high of over $65,000 has ended.
Market depth, representing liquidity, measures the market's ability to absorb large trade orders without affecting prices. It often depends on several factors, including the time of day, current market events, and specific price levels.
A market bottom is characterized by traders' difficulty in making decisive actions, leading to fewer buy and sell orders and reduced liquidity.
Hyblock Capital's co-founder and CEO, Shubh Verma, told CoinDesk, 'By analyzing the aggregated spot order books, particularly those with 0%-1% and 1%-5% depth, we found that low order book liquidity often coincides with market bottoms. These low order book levels can be early indicators of price reversals, usually preceding bullish trends.'#Bitcoin #MarketDepth #Liquidity #MarketBottom #PriceReversal #BullishTrends #HyblockCapital #CoinDesk #BTC
🚀 Bitcoin News: Bitcoin Price Risks $105K Labor Day Crash as Whale Selling Pressure Mounts
#Bitcoin #BTC #Whale #Whales #DormantWhales #LaborDay #ETF #Onchain #CVD #Liquidation #Futures #Spot #Dow #Nasdaq #SP500 #HyblockCapital #ETH
Key Takeaways:Bitcoin trades under $108K as sellers dominate futures and spot markets despite dip-buying.Dormant whale wallets unloading BTC add downside risk, with liquidation heat maps showing $104K as a key target.Closed U.S. markets on Labor Day and weak ETF inflows leave BTC vulnerable to a sharper correction.Bitcoin under pressure as sellers overpower dip buyersBitcoin (BTC $107,799) is struggling to hold above $108,000, with traders bracing for a potential drop toward $105,000 as selling pressure intensifies.The U.S. Labor Day market holiday has thinned liquidity, amplifying volatility risks. Meanwhile, onchain data shows that long-dormant whale wallets have reemerged, unloading large tranches of BTC and converting proceeds into Ether (ETH $4,268).The selling pressure is reinforced by weaker inflows into U.S. spot Bitcoin ETFs and end-of-week declines in traditional markets, including the Dow, S&P 500, and Nasdaq, which weighed on investor sentiment.Whale selling meets technical weaknessData from Binance and Coinbase shows that perpetual futures selling continues to outpace spot buying, with the cumulative volume delta (CVD) highlighting aggressive selling from large trader cohorts.Retail buyers (holding between 100 and 10K BTC) are consistently buying dips, but heat maps suggest sellers still dominate the market structure.Liquidation data highlights $104,000 as the next major liquidity cluster, while bids are also visible at $105,000, $102,600, and $100,000 on exchange order books.Macro uncertainty weighs on sentimentBeyond whale activity, markets are reacting to U.S. President Donald Trump’s rhetoric on tariffs and efforts to influence the Federal Reserve, adding to volatility.While many traders expect the Fed to begin interest rate cuts in late September or October, short-term sentiment remains bearish.“Orderbook liquidity combined with BTC price weakness favors downside,” analysts at Hyblock Capital noted, adding that sellers continue to “overpower dip buyers” across spot and futures markets.#Bitcoin #BTC #Whale #Whales #DormantWhales #LaborDay #ETF #Onchain #CVD #Liquidation #Futures #Spot #Dow #Nasdaq #SP500 #HyblockCapital #ETH