BTC Flow Analysis — July 04, 2024 BEAR
Thursday · Minute-level BTC order flow from Binance · 2,523,236 trades
Summary
On Thursday, July 04, 2024, Bitcoin crashed -5.2% to $57,050. Net flow: -4,603 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
Sustained large-player selling throughout the day. 11 bars with trade sizes 3σ+ above normal (peak: 5.7σ), spread across 01:58–22:55 UTC. The 214 BTC of whale flow reinforced the day's selling bias.
Flow and price moved in lockstep (correlation: 0.81). Aggressor-side selling translated directly into price movement with minimal resistance.
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
Across sessions: Asia -3.30%, Europe -1.37%, US -0.64% — with Asia doing the heavy lifting.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | -3.30% | -1714 BTC | 37% |
| Europe | 08:00 - 14:00 | -1.37% | -2039 BTC | 44% |
| US | 14:00 - 00:00 | -0.64% | -850 BTC | 18% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Net flow of -4,603 BTC was elevated at -1.8σ vs the bear-regime average of -1,189 BTC.
Related Days
Days with similar flow patterns and market conditions.
Explore this day's minute-level flow data interactively on the dashboard.
Open Dashboard