Price tells you where the market landed. The orderbook tells you how it got there, and how easily it can move again.
A price can look stable while the orderbook underneath is razor thin, one order away from a big swing. Or it can look shaky while the depth behind it is actually solid.
Most people glance at the number and move on.
The number on top is rarely the part worth reading.
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August 11, 2026 4.6K 2
