#交易流动性 Trading Liquidity (100 words):

Trading liquidity refers to the ability of an asset to be quickly bought or sold in the market at a price close to the current price. Markets with high liquidity have a large number of buyers and sellers, are active in trading, have small bid-ask spreads, and exhibit lower price volatility, such as stock markets or mainstream cryptocurrency markets. Assets with low liquidity may require price reductions to complete transactions, have longer trading times, and carry higher risks. For investors and traders, high liquidity means easier entry and exit from the market, reduced slippage, and lower trading costs. Assessing liquidity is an important part of managing risk and formulating trading strategies, especially in rapidly changing market conditions, where the quality of liquidity directly impacts investment efficiency and safety.