【Structure Watch #001 | BTC 4H】Structure is still extending downward; the rebound doesn’t count as a reversal | Range 80,879–83,961, current price in the lower half of the range
Binance 20:00: $BTC 82,039, 24h +0.61%, trading volume 5.036 billion U, intraday high 82,269 / low 80,751.
① Structure
Over the last 30 4H candles: lower highs and lower lows; range width 3.8%, with the current price at the 38% level of the range.
MA25 at 81,737 is below the current price; its slope over the last 5 4H candles is downward (-0.39%).
② Volume and price
Trading volume over the last 10 4H candles is 0.28 times the average of the preceding 30 candles, and volume has continued to contract over the last 10; 5 of those 10 candles closed green.
③ Confluence
Above: The 82,374–82,784 area is capped by both the previous high (82,374) and Fib 0.382 (82,784).
Below: The 81,320–81,737 area is supported by both MA25 (81,737) and the previous low (81,320).
④ Fund flows
Funding rate +0.0100% (longs pay); open interest over 7 4H candles -0.52%, with open interest essentially unchanged; long/short account ratio 1.68.
Observation range: 82,374–83,362 above, 80,756–81,737 below.
1H view: Over the last 12 hours, price ranged between 81,492–82,269; the latest candle closed at the 70% level of this range.
Invalidation: If a 4H candle closes above 83,362 or below 80,756, this range assessment is invalid and needs to be redrawn.
This is a structural record based on public data and does not constitute trading advice. You are responsible for your own gains and losses.
$BTC
#技术分析 #合约交易 #Bitcoin
Binance 20:00: $BTC 82,039, 24h +0.61%, trading volume 5.036 billion U, intraday high 82,269 / low 80,751.
① Structure
Over the last 30 4H candles: lower highs and lower lows; range width 3.8%, with the current price at the 38% level of the range.
MA25 at 81,737 is below the current price; its slope over the last 5 4H candles is downward (-0.39%).
② Volume and price
Trading volume over the last 10 4H candles is 0.28 times the average of the preceding 30 candles, and volume has continued to contract over the last 10; 5 of those 10 candles closed green.
③ Confluence
Above: The 82,374–82,784 area is capped by both the previous high (82,374) and Fib 0.382 (82,784).
Below: The 81,320–81,737 area is supported by both MA25 (81,737) and the previous low (81,320).
④ Fund flows
Funding rate +0.0100% (longs pay); open interest over 7 4H candles -0.52%, with open interest essentially unchanged; long/short account ratio 1.68.
Observation range: 82,374–83,362 above, 80,756–81,737 below.
1H view: Over the last 12 hours, price ranged between 81,492–82,269; the latest candle closed at the 70% level of this range.
Invalidation: If a 4H candle closes above 83,362 or below 80,756, this range assessment is invalid and needs to be redrawn.
This is a structural record based on public data and does not constitute trading advice. You are responsible for your own gains and losses.
$BTC
#技术分析 #合约交易 #Bitcoin