BTC Footprint Chart: Bearish selling pressure visibly weakens, short-term enters recovery phase
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The PRO "footprint chart" shows that in the early session, BTC experienced consecutive significant negative Delta values of -3.53K and -1.56K, with aggressive market selling by bears, causing the price to rapidly drop to around $72,700. However, from the latest market data, the market structure has clearly changed:
- Consecutive positive Delta values of +588, +398, +518
- BTC has returned above $73,300
- On pullbacks, the negative Delta has narrowed to -28 and -150
Current state: the market has shifted from active selling to a recovery phase after bearish momentum has faded.
Next key observation: whether BTC will see consecutive large positive Delta readings and if selling pressure continues to ease on pullbacks.
- Short-term support: $72,800~$73,000
- Short-term resistance: $73,600~$73,800
Footprint charts: help you identify "who is actively buying and who is actively selling," allowing you to spot the real movement of market funds in advance.
- Consecutive positive Delta values of +588, +398, +518
- BTC has returned above $73,300
- On pullbacks, the negative Delta has narrowed to -28 and -150
Current state: the market has shifted from active selling to a recovery phase after bearish momentum has faded.
Next key observation: whether BTC will see consecutive large positive Delta readings and if selling pressure continues to ease on pullbacks.
- Short-term support: $72,800~$73,000
- Short-term resistance: $73,600~$73,800
Footprint charts: help you identify "who is actively buying and who is actively selling," allowing you to spot the real movement of market funds in advance.
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