Market Maker’s View: $BTC Daily Review (10/26 — Checking Five Posts)
Yesterday in a nutshell: Most downside levels were triggered, while half of the upside levels were. Price repeatedly crossed 80,240 overnight but failed to establish a direction.
📊 09:50 Snapshot (OKX perpetuals)
Current price: 80,120.1; 24h high: 80,822.6 / low: 79,322.9
OI: 31,707.6 coins (about $2.545 billion, up about 522.6 coins from the late session); funding rate: 0.01%/8h (near zero)
📌 Post-by-post verification (all based on 1H closes)
① Early morning: downside level hit. The 07:00 close at 80,119.1 broke below 80,240; the move above 81,008 was not triggered.
② Morning session: both levels triggered in sequence. The 09:00 close at 79,720.1 broke below 79,773.1, and the 17:00 close at 80,512.6 moved above 80,500.
③ Review: same two levels as the morning session—first a break below 79,773.1, then a move above 80,500. 79,168 was not reached.
④ Midday session: upside level hit. Price moved above 80,240 at 17:00; the dip below 79,322.9 was only a wick, and the 11:00 close at 79,560.3 did not break below it.
⑤ Late session: downside level hit. The 21:00 close at 79,663.3 broke below 80,240, then price recovered above it at 22:00, broke below again at 00:00, and recovered once more at 01:00. The move above 80,500 was not triggered (highest close: 80,399.9).
📌 What to watch today
The seven 1H closes since 01:00 have all churned between 79,663.3 and 80,500; neither level has been triggered.
Invalidation points: An 1H close above 80,500 would signal the rebound is continuing, with 80,828 next in focus; an 1H close below 79,663.3 would signal the decline is continuing, with 79,322.9 next in focus.
Figure 1 knowledge card: 009 Chasing highs vs. buying the dip: how to calculate the risk/reward ratio.
For discussion only; not investment advice.
#BinanceSquare #BTC #MarketMakerView
Yesterday in a nutshell: Most downside levels were triggered, while half of the upside levels were. Price repeatedly crossed 80,240 overnight but failed to establish a direction.
📊 09:50 Snapshot (OKX perpetuals)
Current price: 80,120.1; 24h high: 80,822.6 / low: 79,322.9
OI: 31,707.6 coins (about $2.545 billion, up about 522.6 coins from the late session); funding rate: 0.01%/8h (near zero)
📌 Post-by-post verification (all based on 1H closes)
① Early morning: downside level hit. The 07:00 close at 80,119.1 broke below 80,240; the move above 81,008 was not triggered.
② Morning session: both levels triggered in sequence. The 09:00 close at 79,720.1 broke below 79,773.1, and the 17:00 close at 80,512.6 moved above 80,500.
③ Review: same two levels as the morning session—first a break below 79,773.1, then a move above 80,500. 79,168 was not reached.
④ Midday session: upside level hit. Price moved above 80,240 at 17:00; the dip below 79,322.9 was only a wick, and the 11:00 close at 79,560.3 did not break below it.
⑤ Late session: downside level hit. The 21:00 close at 79,663.3 broke below 80,240, then price recovered above it at 22:00, broke below again at 00:00, and recovered once more at 01:00. The move above 80,500 was not triggered (highest close: 80,399.9).
📌 What to watch today
The seven 1H closes since 01:00 have all churned between 79,663.3 and 80,500; neither level has been triggered.
Invalidation points: An 1H close above 80,500 would signal the rebound is continuing, with 80,828 next in focus; an 1H close below 79,663.3 would signal the decline is continuing, with 79,322.9 next in focus.
Figure 1 knowledge card: 009 Chasing highs vs. buying the dip: how to calculate the risk/reward ratio.
For discussion only; not investment advice.
#BinanceSquare #BTC #MarketMakerView
