$BTC puts the 15-minute, 1-hour, and 4-hour timeframes together to look at
First, lay out the three timeframes on the table: 15 minutes, 1 hour, and 4 hours are -0.14%, -0.42%, and -1.27%, respectively.
Then the quote and positions follow: as of 00:26 Beijing time on October 3, Binance’s $BTC spot is 85,172.07 USDT, while OKX is 85,175.40. The 1-hour trading volume is about 1.56 times the median of the last ~20 candles. The 1-hour OI is -0.79%, and the funding rate is +0.0011%.
Taken together, the price and OI fall in sync; deleveraging and liquidation make up more of the move—so first we need to see whether key levels can hold. Another interpretation is that after both longs and shorts adjust their positions, one side temporarily gains an edge on the short-term, and because OI is public, it can’t by itself answer who is more proactive. The lower 84,493.35 and the upper 87,220.00 are the two structural boundary lines. Only a break above 87,220.00 would be accepted as relatively bullish, while a drop below 84,493.35 would be accepted as relatively bearish. Before that, any basis for chasing strength or selling weakness becomes invalid.
For observation of public market data only; not investment advice.
$BTC
First, lay out the three timeframes on the table: 15 minutes, 1 hour, and 4 hours are -0.14%, -0.42%, and -1.27%, respectively.
Then the quote and positions follow: as of 00:26 Beijing time on October 3, Binance’s $BTC spot is 85,172.07 USDT, while OKX is 85,175.40. The 1-hour trading volume is about 1.56 times the median of the last ~20 candles. The 1-hour OI is -0.79%, and the funding rate is +0.0011%.
Taken together, the price and OI fall in sync; deleveraging and liquidation make up more of the move—so first we need to see whether key levels can hold. Another interpretation is that after both longs and shorts adjust their positions, one side temporarily gains an edge on the short-term, and because OI is public, it can’t by itself answer who is more proactive. The lower 84,493.35 and the upper 87,220.00 are the two structural boundary lines. Only a break above 87,220.00 would be accepted as relatively bullish, while a drop below 84,493.35 would be accepted as relatively bearish. Before that, any basis for chasing strength or selling weakness becomes invalid.
For observation of public market data only; not investment advice.
$BTC
