Bitcoin is trading at $80,053.8, sitting well above both its 20-day average ($71,995.42) and 50-day average ($68,200.87), which keeps the trend classified as a confirmed bull regime. Price is up roughly 1.3% on the day and near 9.7-10% over the past week, extending a sharp 14-to-30-day run of over 25%. The 24-hour range spans $78,573.5 to $80,848.4, and the 7-day range runs from $73,001.1 up to $81,200.0, showing the recent push has been broad, not a single spike. Zoomed out, BTC is still about 36.5% below its October 2025 all-time high and down 28.6% over the past year, so this bull leg is a recovery within a longer drawdown, not new territory. Funding on both BTC and ETH perpetuals is slightly negative right now, meaning shorts are currently paying longs — a modest signal that positioning hasn't fully flipped bullish even as spot pushes higher. Open interest on BTC sits at about 2,055, a current reading rather than a trend signal on its own. Altcoin rotation reads -3.79, consistent with capital leaning back toward BTC rather than spreading into alts, while the Fear & Greed Index has climbed to 71 (Greed) from 62 a week ago. As of this writing, order flow over the last 30 minutes shows a buy-heavy tilt — about 74% of flow on the buy side, with whale activity skewed toward buying (11 buys versus 2 sells, and buy dollar volume far outweighing sell dollar volume) — but this is a snapshot that can flip within the hour, not a standing condition. The support floor below current price has been tested heavily, over 30 times, and has held through all of them, making it a well-worn level. The resistance ceiling above has only been tested a handful of times, making it comparatively lightly proven. Price is currently sitting closer to that ceiling than to the floor, and the 24-hour high briefly pushed above the resistance zone before settling back under it, so today's action counts as a test rather than a confirmed break. The gap between floor and ceiling is fairly narrow relative to price, and whether that band holds, tightens further, or widens out is not yet clear from the data on hand. |
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