$BTC Hot list: “Standing at $86,000 and up 2.99%” is outdated. 02:48 Binance spot is at $83,979.78, 24h -0.991%. I’m leaning toward watchful waiting; this round’s real new node is a full one-hour candle that closed back below $85,000.
First, let me correct what I just posted: 373044692040472. The Binance USD-M 02:00–03:00 hourly K-line at 02:36 was still not finished; 84,430.20 was an intraday value, not a close. At that time, the nearest completed close was 84,745.70 for 01:00–02:00. The old chart also incorrectly wrote the premiumIndex lastFundingRate as “page estimation,” which is also not accurate: Binance documentation describes it as the latest funding rate field, not the result that’s already settled at 08:00. These two corrections don’t change the numerical conclusions of the OI sample in that post.
There are independent new developments regarding the price topic. In the previous post 373014773704278, I noted the USD-M 23:00 close at 85,297.40. This time I verify using spot BTCUSDT instead, and I do not stitch the two products’ K-lines into a continuous sequence. The spot 00:00–01:00 full hour close is 85,160.01, still above 85,000; 01:00–02:00 closes at 84,774.75, the first full hour to fall below. 02:00–03:00 hasn’t finished yet; the current price of 83,979.78 at 02:48 can only be read as an intraday number. The 24-hour high is 87,220, and the current 24-hour change has already turned to -0.991%, which is not the same timestamp as the +2.99% shown on the leaderboard.
From the 24-hour high of 87,220 to the current price, the pullback is about 3.7%. That’s only an arithmetic change in that interval and doesn’t represent a trend judgment. The basis between spot and USD-M is different, and the trading sessions are also different. This can only confirm that the short-term observation line has been broken; you can’t infer a long-term trend reversal from just two K-lines. Next, I’ll watch whether the next completed full hour can close back above 85,000; until it’s closed, don’t treat an intraday rebound or low as the result.
#BTC
First, let me correct what I just posted: 373044692040472. The Binance USD-M 02:00–03:00 hourly K-line at 02:36 was still not finished; 84,430.20 was an intraday value, not a close. At that time, the nearest completed close was 84,745.70 for 01:00–02:00. The old chart also incorrectly wrote the premiumIndex lastFundingRate as “page estimation,” which is also not accurate: Binance documentation describes it as the latest funding rate field, not the result that’s already settled at 08:00. These two corrections don’t change the numerical conclusions of the OI sample in that post.
There are independent new developments regarding the price topic. In the previous post 373014773704278, I noted the USD-M 23:00 close at 85,297.40. This time I verify using spot BTCUSDT instead, and I do not stitch the two products’ K-lines into a continuous sequence. The spot 00:00–01:00 full hour close is 85,160.01, still above 85,000; 01:00–02:00 closes at 84,774.75, the first full hour to fall below. 02:00–03:00 hasn’t finished yet; the current price of 83,979.78 at 02:48 can only be read as an intraday number. The 24-hour high is 87,220, and the current 24-hour change has already turned to -0.991%, which is not the same timestamp as the +2.99% shown on the leaderboard.
From the 24-hour high of 87,220 to the current price, the pullback is about 3.7%. That’s only an arithmetic change in that interval and doesn’t represent a trend judgment. The basis between spot and USD-M is different, and the trading sessions are also different. This can only confirm that the short-term observation line has been broken; you can’t infer a long-term trend reversal from just two K-lines. Next, I’ll watch whether the next completed full hour can close back above 85,000; until it’s closed, don’t treat an intraday rebound or low as the result.
#BTC
