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Sunday, September 13 |
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Bull trend intact, but BTC sits under its 20-day average and a heavily tested ceiling.
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Bitcoin remains in a confirmed bull regime — the 20-day average (76,988.89) sits above the 50-day (73,165.88) — but the last week has been a pullback rather than a continuation. Price at 76,625.9 has slipped just below its own 20-day average while staying well clear of the 50-day, the kind of dip bull trends often absorb without breaking structure. The pair is down 0.83% over 24 hours and off roughly 4-5% on the week, a cooling-off after a 30-day gain above 20%. The 24-hour range (76,459.70-77,490.00) and 7-day range (76,000-80,435) show a market that has backed off its recent highs but hasn't broken down. Funding stays barely positive on both BTC (about 0.0013%) and ETH (about 0.0019%), showing no real skew building in derivatives right now. Open interest sits near 1,872 in BTC terms, an unremarkable current reading rather than a sign of aggressive build-up either way. The rotation reading, at -1.0, points to capital concentrating in BTC over alts at the moment, though this figure moves quickly and shouldn't be read as a standing trend. As of this writing — a 30-minute snapshot only — order flow leaned heavily toward selling, with just 13 whale buys against 140 sells and sell volume near $13.8 million versus roughly $483,000 in buys; this kind of imbalance can flip within the hour and says nothing about the day as a whole. The range bitcoin is trading in has an asymmetric shape: the ceiling above has been tested dozens of times and is well worn, while the floor below has only a couple of touches on record and is lightly proven. Price currently sits closer to the ceiling side of that band than to the floor. The band itself has been narrowing over recent sessions rather than widening, which usually means the market is compressing rather than resolving. None of this indicates which way it breaks — a heavily tested boundary just means more trades have been settled there, not that it will hold or give way next. With sentiment cooling (Fear & Greed at 61, down from 73 a week ago), the setup looks more like a pause inside a range than a decided move. |
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The week in market structure
Bull regime held all week, but the market gave and took back in equal measure — a choppy grind, not a clean trend.
It was a bull-regime week where momentum was rewarded about as often as it was punished — trend continuation (451) and trap reversals (468) came in nearly tied. Average realized move on flagged setups was modest (~0.44%), and most signals (58%) fizzled into no clear direction, consistent with a grinding, low-conviction uptrend rather than a decisive trend or a sharp chop.
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Bull regime persisted for the entire week across all classified periods. |
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Trend continuation (451 cases) and trap reversals (468 cases) were nearly balanced, with a slight edge to reversals — a choppy undertone within the broader uptrend. |
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Average realized move on flagged setups was modest, around 0.44%, and most signals (58%) resolved inconclusive rather than following through strongly. |
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Setup mix skewed toward range-bound and trend-following patterns in roughly equal measure, with breakout-style setups notably less common. |
See the full week →
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24-hour
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-0.83%
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7-day
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-4.62%
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20-day average
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$76,988.89
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50-day average
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$73,165.88
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Resistance tested 62×
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$77,212.57
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Last price
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$76,625.9
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Support tested 2×
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$76,000
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Fear & Greed 73 a week ago
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61 · Greed
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24h range
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$76,459.7 – $77,490
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What to take from it
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Bull regime holds (20-day average above 50-day), but BTC has dipped just under its 20-day average this week. |
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Resistance overhead is heavily tested (62 touches) versus a lightly tested support floor (2 touches); price sits nearer the ceiling. |
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In the last 30 minutes, whale flow skewed heavily toward selling and funding stayed flat — both are snapshots, not the day's character. |
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Headlines
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OddTick reports what the market is doing, measured by an automated system, for informational
purposes only. It does not make trade recommendations, does not predict prices, and makes no
claim that acting on this information is profitable. Nothing here is financial advice.
Crypto assets are volatile — never trade money you can't afford to lose.
OddTick · Patrick Register · PO Box 472 · Christiansburg, VA 24068
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