【$BTC 4H】Highs and lows are moving down in sync; price is confined to the lower half of the range
Previous level check: The BTC range I marked today at 20:01 was 80,756–83,362. The current price of 81,934 is still within it, and neither boundary has been touched.
At 20:39, the current price was 81,934, up 0.55% over 24 hours, with a trading volume of 5.086 billion U. The intraday high was 82,269 and the low was 80,751.
① Structure: Over the past 30 4H candles, the highs have been falling, and so have the lows; the overall direction is downward. The range is 80,879–83,961, with a width of 3.8%. The current price is at the 34th percentile, closer to the lower boundary. MA25 is at 81,733, below the current price, and its slope over the past 5 candles is -0.39%, so the moving average is trending down.
② Volume and price: Volume over the past 10 candles is only 0.29 times that of the previous 30, indicating a sustained decline in volume. Of the past 10 candles, 4 closed up. There weren’t many up candles, and price hasn’t pushed higher; volume has flattened out first.
③ Confluence: Above, the 82,056–82,374 area brings together Fib 0.618 (82,056) and the previous high (82,374). Below, the 81,320–81,733 area brings together MA25 (81,733) and the previous low (81,320). Both sides have reference levels, rather than just one source, but the levels are close together, so confidence should be discounted.
④ Funding: The funding rate is +0.0100%, so longs are paying. Open interest has changed by just +0.46% over 7 4H candles—basically unchanged. The long/short account ratio is 1.62. The rate is positive, open interest is flat, and the account ratio leans long; there hasn’t been much movement of capital.
Areas to watch: 82,056–83,041 above, and 80,752–81,733 below.
1H view: Over the past 12 hours, price has moved between 81,492 and 82,269. The latest close is at the 57th percentile, a little higher than its position on the 4H timeframe.
Invalidation: If a 4H candle closes above 83,041 or below 80,752, this assessment is invalidated.
The levels I’m watching are MA25 at 81,733 and Fib at 82,056—one below and one above. The current price is sitting between them. Is the upper boundary of the range you drew the same as my 83,961?
The above is a record of market structure based on public data, not trading advice. You are responsible for your own gains and losses.
$BTC
#技术分析 #合约交易 #Bitcoin
Previous level check: The BTC range I marked today at 20:01 was 80,756–83,362. The current price of 81,934 is still within it, and neither boundary has been touched.
At 20:39, the current price was 81,934, up 0.55% over 24 hours, with a trading volume of 5.086 billion U. The intraday high was 82,269 and the low was 80,751.
① Structure: Over the past 30 4H candles, the highs have been falling, and so have the lows; the overall direction is downward. The range is 80,879–83,961, with a width of 3.8%. The current price is at the 34th percentile, closer to the lower boundary. MA25 is at 81,733, below the current price, and its slope over the past 5 candles is -0.39%, so the moving average is trending down.
② Volume and price: Volume over the past 10 candles is only 0.29 times that of the previous 30, indicating a sustained decline in volume. Of the past 10 candles, 4 closed up. There weren’t many up candles, and price hasn’t pushed higher; volume has flattened out first.
③ Confluence: Above, the 82,056–82,374 area brings together Fib 0.618 (82,056) and the previous high (82,374). Below, the 81,320–81,733 area brings together MA25 (81,733) and the previous low (81,320). Both sides have reference levels, rather than just one source, but the levels are close together, so confidence should be discounted.
④ Funding: The funding rate is +0.0100%, so longs are paying. Open interest has changed by just +0.46% over 7 4H candles—basically unchanged. The long/short account ratio is 1.62. The rate is positive, open interest is flat, and the account ratio leans long; there hasn’t been much movement of capital.
Areas to watch: 82,056–83,041 above, and 80,752–81,733 below.
1H view: Over the past 12 hours, price has moved between 81,492 and 82,269. The latest close is at the 57th percentile, a little higher than its position on the 4H timeframe.
Invalidation: If a 4H candle closes above 83,041 or below 80,752, this assessment is invalidated.
The levels I’m watching are MA25 at 81,733 and Fib at 82,056—one below and one above. The current price is sitting between them. Is the upper boundary of the range you drew the same as my 83,961?
The above is a record of market structure based on public data, not trading advice. You are responsible for your own gains and losses.
$BTC
#技术分析 #合约交易 #Bitcoin