“By analyzing the mixed spot order books, significantly on the 0%-1% and 1%-5% spot order e book depth, we see a sample the place low liquidity within the order e book typically coincides with market bottoms,” Shubh Verma, co-founder and CEO of Hyblock Capital, mentioned in an interview with CoinDesk. “These low order e book ranges might be early indicators of a worth reversal, continuously previous a bullish development.”