According to @EricCryptoman, the liquidity ladder is trending higher for the referenced asset, signaling improving order-book conditions that traders are monitoring for directional cues (source: @EricCryptoman on X, September 3, 2025). He notes that if the project can capture mindshare from Axiom or Photon, the setup could offer an asymmetric risk-reward profile (source: @EricCryptoman on X, September 3, 2025). Traders may track liquidity ladder changes and relative mindshare versus Axiom and Photon as potential catalysts for momentum (source: @EricCryptoman on X, September 3, 2025).