According to @52kskew, spot markets for major cryptocurrencies like BTC and ETH are relatively fine with liquidity returning as operations resume (source: @52kskew on X, Oct 11, 2025). According to @52kskew, perpetual futures markets remain wide; while liquidity is coming back, spreads are still not back to normal, implying higher execution costs and favoring patient limit orders over aggressive market orders (source: @52kskew on X, Oct 11, 2025). Based on @52kskew’s update, traders may prioritize spot for larger fills and use smaller clips and resting orders on perps until spreads normalize to reduce slippage risk (source: @52kskew on X, Oct 11, 2025).