BTC Flow Analysis — May 06, 2024 BEAR
Monday · Minute-level BTC order flow from Binance · 1,392,557 trades
Summary
On Monday, May 06, 2024, Bitcoin slipped 1.32% to $63,165. Net flow: -316 BTC — sellers had the edge.
BTC price (blue) and trading volume (cyan bars) per minute. Session shading: Asia (gold 00-08 UTC), Europe (green 08-14), US (red 14-00).
Flow Analysis
The big players were active all day. 24 bars of outsized trades (7.9σ peak) from 01:22–23:36 UTC, adding 78 BTC of selling pressure on top of the broader selling flow.
A clean, flow-driven day. The 0.93 correlation between cumulative flow and price means selling pressure was the dominant force — no hidden passive flow muddying the signal.
Cumulative buying pressure (purple, left axis) vs cumulative price return (yellow, right axis). When these diverge, flow and price are telling different stories.
Session Breakdown
Morning and afternoon traded like two different markets. Buyers led early (+364 BTC), sellers dominated late (-680 BTC).
Across sessions: Asia +0.83%, Europe -1.04%, US -1.10% — with US doing the heavy lifting.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.83% | 394 BTC | 36% |
| Europe | 08:00 - 14:00 | -1.04% | -81 BTC | 7% |
| US | 14:00 - 00:00 | -1.10% | -629 BTC | 57% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
This day sat within a bear regime. The -1.32% return tracked the regime average of -0.27%.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard