Crypto · Indicator journal · 46 readings since 2026-02-19

BTC Structure Tracker

Bullish 8H · Bearish Daily & Weekly · Bearish confluence 62% · Bear trend

8HBULLISHDailyBEARISHWeeklyBEARISH
$74,702.00Reading 2026-04-16Manual snapshot, not live

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Signals

Signal8HDailyWeekly
StructureBULLBEARBEAR
Seismic11.8BEAR16.4BEAR0NEUTRAL
OI sentimentLNGS EXITOI 13.62%LNGS EXITOI 13.62%SHRTS ENTROI 13.62%
RealPnL Z0NEUTRAL0NEUTRAL0NEUTRAL
OnChain vs signal—not exportedAbove24.3 / 5.5—not exported
Early warningNoneNoneNone
Show all indicators
Signal8HDailyWeekly
RSI / ADX62 / 3662 / 1743 / 35
+DI / −DI28.4 / 14.922.8 / 15.615.4 / 24.7
Lev Press424242
RSI div13%BEAR0%0%
OI div0%0%0%
Vol div47%EXHAUST65%EXHAUST0%
Funding proxy4%NEUTRAL7%NEUTRAL0%N/A
Basis-0.04%COINM BULL-0.02%FLAT0.03%USDT BEAR
ATR comp85.3%comp 1472.3%comp 15128.1%
ADX turn0%TRENDING50%ENGAGING0%TRENDING
Bias / Layers7.9 / 226.4 / 30 / 2
GravityWell4.1ABOVE EQ12.3ABOVE EQ11.6BELOW EQ
Thrust / Gravity58 / 4511.7 / 6631.7 / 13
Reporter confluence———
Last high / low$76,005.90$70,506.20$71,970.40$64,441.40$97,950.00$59,800.00
Invalidation—$63,152.57risk 15.46%—
Potential HH / HL— / —— / —— / —
Buildup / Buy zoneLOWLOWLOW
ROC / dist. from HH———
EMA 1h / EMA D74,704 / 71,51474,704 / 71,51574,705 / 71,515
OI bars since———
gravityWell.orbit4.112.311.6
gravityWell.gravLn4.1-22.8-0.1
gravityWell.signal3.6-15.2-21.7
gravityWell.priceABOVE EQABOVE EQBELOW EQ
gravityWell.gravity456613
gravityWell.decay034.10
gravityWell.thrust5811.731.7
gravityWell.adx35.616.735.4
gravityWell.volMom0014
gravityWell.atrEx78153
gravityWell.extBars050
gravityWell.devSR456613

Rows below “Early warning”-style curated rows include every other field exported for this reading, unedited.

Journal note · HOLD

Read the note for 2026-04-16

Reading #26. BTC $74,702 — up +5.2% from Reading #25 ($71,021 on Apr 12). Major breakout extending beyond the R#24 rejection zone. Price now pushing into the mid-$70Ks with new swing highs on the 8H. MAJOR STRUCTURAL CHANGE — 8H FLIPPED BULLISH: First BULLISH 8H reading since Reading #15 (Mar 20, nearly one month ago). New HH at $76,005.9 (above prior $69,218 cap) and HL lifted to $70,506.2 (above prior $65,681). This is a clean break of the entire R#20-R#25 compression range. The 8H is now structurally bullish with defined swing points. Daily REMAINS BEARISH with HH 71,970.4 / HL 64,441.4 — but price at $74,702 is now $2,732 above the daily HH. Daily SwingFlow shows Early Warn BULL? flag with Potential HL at $64,441.4 and Pot Invalidation at $63,152.57 — the daily is primed for BEARISH→BULLISH flip pending bar close confirmation above 71,970. This is the same pending flip flagged in R#24 that failed — now re-armed at a higher price. Weekly BEARISH unchanged (HH 97,950 / HL 59,800). CRITICAL WARNING SIGNALS — INTERNAL BEARISH DIVERGENCE: Despite the price breakout, internals have FLIPPED BACK TO BEARISH after being ALL BULL in R#25. Seismic bias: R#25 ALL BULL → R#26 ALL BEAR/NEUTRAL (8H 11.8 BEAR, Daily 16.4 BEAR, Weekly 0 NEUTRAL). This is the same pattern we saw at R#24 ($72.8K rally that failed). Classic bearish internal divergence into new price highs. OI STRUCTURE — DISTRIBUTION RALLY RETURNS: OI Score jumped from +5.13% to +13.62% EXTREME across all TFs — massive OI expansion on this rally. OI Sent: 8H/Daily flipped from LNGS ENTR (R#25) back to LNGS EXIT — longs are exiting into strength. Weekly OI Sent: SHRTS ENTR — new shorts stepping in at $74-76K on the weekly timeframe. This is the SECOND weekly SHRTS ENTR reading (first was R#24) and the 8H/Daily LNGS EXIT + Weekly SHRTS ENTR combination is a textbook distribution rally signature — same as R#24. Leverage Pressure EXTREME 42 across ALL three TFs — leverage loading up hard on this rally, highest Lev Pres reading in the tracker since R#17-18 (Mar 25-26). 8H VOL DIV 47% EXHAUST + DAILY VOL DIV 65% EXHAUST — volume exhaustion rising into the rally. Rising price with fading volume = distribution. Daily Vol Div at 65% is the second-highest Vol Div reading in tracker history (behind R#21 at 71%). 8H RSI DIV 13% BEAR — first bearish RSI divergence at these levels; momentum oscillators are refusing to confirm the price highs. ADX DIVERGENCE: 8H ADX surged to 36 (highest since R#13 Mar 17) with +DI 28.4 vs -DI 14.9 — very bullish 8H momentum. Daily ADX only at 17 (weak) with ADX Turn at 50% ENGAGING (same level as R#24 that failed to resolve). Weekly ADX 35 TRENDING bearish with -DI 24.7 vs +DI 15.4 — weekly still has bearish directional conviction. OI DIV CAPITULATION CONSUMED: R#25 had OI Div 61% CAPITULTN across all TFs. R#26 OI Div reset to 0% everywhere — the capitulation signal has been fully consumed by this rally. Fresh OI cycle beginning. GRAVITYWELL: 8H price ABOVE EQ +2.08%, Gravity 45, Decay 0, Thrust 58, DevSR 45 — strongest 8H thrust in recent readings, gravitational field supporting the breakout. Daily price ABOVE EQ +6.47%, Gravity 66, Decay 34.1 — price is extended 6.5% above daily equilibrium with meaningful decay beginning, suggesting the move is stretched. Weekly price BELOW EQ -3%, Gravity 13 (down from 45 in R#25), Decay 0 — weekly gravity has SOFTENED significantly; macro bearish pull has weakened. ONCHAIN: 8H HEALTHY 45.6 (highest 8H onchain in tracker), Daily HEALTHY 24.3, Weekly WEAK -38 (Signal -37.1, worst weekly reading). 8H shows SOPR 1.0015, Active 661K (90th percentile), Hash 97th percentile — short-term on-chain fundamentals very strong. Weekly SOPR 0.997 (12th percentile), Active 522K (4th percentile), New 240K (12th percentile) — macro on-chain extremely weak. The 8H/Weekly onchain divergence is textbook recovery-bounce within bear structure. BEAR FLAG CONTEXT: Price at $74,702 is decisively above the ascending channel upper boundary that defined the R#20-R#25 structure. A daily close above $71,970 flips the bear flag thesis to INVALID and opens path toward $80-85K range. However, the distribution internals (LNGS EXIT + SHRTS ENTR + Vol EXHAUST + RSI BEAR div + Seismic ALL BEAR) are warning that this breakout may be a blow-off move rather than sustainable trend change. REGIME: DISTRIBUTION BREAKOUT ROUND 2 — Same pattern as R#24 but at higher price. R#24 was a distribution rally from $70.6K to $72.8K that failed in 2 days. R#26 is a distribution rally from $71K to $74.7K — bigger move, same warning signals, same internal bearish divergence. The difference: 8H has genuinely flipped BULLISH with new HH, which was not true at R#24. Either (a) this is the real breakout and the distribution signals are noise, weekly follows with BEARISH→BULLISH flip within 1-2 weeks targeting $80-85K, or (b) this is a larger distribution blow-off and we see a violent rejection to $68-70K within days to confirm the bear flag measured move toward $29-32K. Key watch: (1) daily bar close above $71,970 = structural confirmation, (2) does the 8H HL at $70,506 hold on any pullback (critical), (3) Daily ADX Turn 50% ENGAGING — third ENGAGING reading in a row needing directional resolution, (4) OI Sent: does weekly SHRTS ENTR grow (squeeze fuel) or flip to SHRTS COVR (rally continuation), (5) weekly structure flip requires weekly HL above $59,800 — still far from confirmed. Price sitting exactly at 1H EMA24 $74,704 — the moment of truth test zone.

Key levels

Weekly swing high$97,950.00+31.1%
8H swing high$76,005.90+1.7%
Price at reading$74,702.00snapshot
Daily swing high$71,970.40-3.7%
8H pivot low$70,506.20-5.6%
Daily pivot low$64,441.40-13.7%
Daily invalidation$63,152.57-15.5%
Weekly pivot low$59,800.00-19.9%

Dots are spaced to scale; labels are nudged apart where levels are close. Percentages are distance from the price at this reading.

History charts

Agreement of the weighted checks (structure, DI, Seismic bias, OI div, layers). Higher = more of them point the same way; above 60% it is labelled bullish/bearish.

0255075100no readings · 127 days60%Mar 2026AprMayJunJulAugSepOctNov2026-02-19 · Tracker confluence: 542026-02-20 · Tracker confluence: 482026-02-24 · Tracker confluence: 432026-02-25 · Tracker confluence: 622026-02-26 · Tracker confluence: 672026-03-03 · Tracker confluence: 712026-03-04 · Tracker confluence: 582026-03-06 · Tracker confluence: 712026-03-10 · Tracker confluence: 482026-03-10-eve · Tracker confluence: 382026-03-14 · Tracker confluence: 432026-03-15 · Tracker confluence: 482026-03-17 · Tracker confluence: 462026-03-18 · Tracker confluence: 712026-03-19 · Tracker confluence: 672026-03-20 · Tracker confluence: 672026-03-25 · Tracker confluence: 392026-03-26 · Tracker confluence: 332026-03-29 · Tracker confluence: 502026-03-31 · Tracker confluence: 502026-04-03 · Tracker confluence: 622026-04-05 · Tracker confluence: 482026-04-09 · Tracker confluence: 452026-04-10 · Tracker confluence: 672026-04-12 · Tracker confluence: 522026-04-16 · Tracker confluence: 622026-04-17 · Tracker confluence: 672026-04-20 · Tracker confluence: 582026-04-22 · Tracker confluence: 582026-04-23 · Tracker confluence: 582026-04-24 · Tracker confluence: 552026-04-26 · Tracker confluence: 552026-04-27 · Tracker confluence: 652026-05-02 · Tracker confluence: 482026-05-03 · Tracker confluence: 482026-05-04 · Tracker confluence: 462026-05-05 · Tracker confluence: 462026-05-07 · Tracker confluence: 352026-05-13 · Tracker confluence: 572026-05-20 · Tracker confluence: 472026-09-24 · Tracker confluence: 502026-09-26 · Tracker confluence: 382026-10-02 · Tracker confluence: 382026-10-12 · Tracker confluence: 352026-10-14 · Tracker confluence: 572026-11-01 · Tracker confluence: 52
Tracker confluenceHatched = no readings in that span; x-axis is true calendar time.
Data notes

OnChain composite details

ComponentScoreRankRaw
sopr69841.0015
active4271661K
newAddr1357292K
fees1357$188K
hash87931129E
sends-5377471K

Composite 24.3 vs signal 5.5.

All OnChain fields
composite
24.3
signal
5.5

Prices and indicators are manual snapshots from uploaded chart screenshots and CSV exports. They are not live and are not updated automatically.

Glossary
SwingFlow structure
The trend state reported by the SwingFlow / Structure Reporter overlay from the sequence of swing highs and lows on that timeframe: BULLISH, BEARISH, CONTRACTING (swings narrowing) or EXPANDING (swings widening). A forming candle's state can still change before it closes.
Seismic
A momentum-energy reading from the CS Waves family. Bigger numbers mean a more energetic move; BULL/BEAR is the direction it leans. Recent exports include an alert threshold (34) above which the move counts as unusually strong.
OI sentiment
Combines the change in futures open interest with price direction: LNGS ENTR (longs entering), SHRTS ENTR (shorts entering), SHRTS COVR (shorts covering) or LNGS EXIT (longs exiting). Here, entering longs and covering shorts are shown green; entering shorts and exiting longs red.
RealPnL Z
A z-score of realized profit and loss: how unusual profit-taking or loss-taking is compared with its own history. Labels: DISCOUNT (low), NEUTRAL, PREMIUM (high). The original tracker shaded ≤ −0.5 as discount and ≥ +1.5 as premium.
OnChain vs signal
The standalone BTCOnChain composite blends scored on-chain components (SOPR, active addresses, new addresses, fees, hash rate, sends) and is compared with its own signal line. Composite above signal is shown green, below red.
Early warning
A flag the Structure Reporter raises when it sees a possible structure change before it is confirmed (for example “BULL?”). Blank means no warning.
Tracker confluence
This page's own score, using the original tracker's formula: across 8H/Daily/Weekly it weighs structure (3), +DI vs −DI (1), Seismic bias (2), OI divergence (1) and layers (1), then takes the larger of the bullish and bearish shares. Only above 60% is it called bullish or bearish; otherwise neutral.
Regime
From the last five readings' daily structure: 3+ bullish = Bull trend, 3+ bearish = Bear trend, 3+ contracting/expanding = Chop / range, otherwise transitioning.
GravityWell
A Reporter overlay that measures where price sits relative to an equilibrium (“well”), with thrust and gravity components. Exported well score / orbit values are scores, not percent distances.
Lev Press
Leverage pressure: how stretched derivatives leverage looks, with labels such as ELEVATED, HIGH or EXTREME. Very high readings across timeframes mean crowded positioning.
RSI / ADX / DI
Classic momentum (RSI), trend strength (ADX) and direction (+DI vs −DI). −DI above +DI leans bearish, +DI above −DI bullish.
OI div / Vol div / RSI div
Divergence scores (0–100%) between price and open interest, volume or RSI. 50%+ is treated as significant; labels show the direction (e.g. BULL, EXHAUST UP).
Funding / Basis
Funding-rate proxy and futures basis (premium of futures over spot) as exported by the Reporter, with its labels such as SHRTS PAY or USDT^ BEAR.
Bias / Layers
The Reporter's directional bias score and how many of its layers agree (0–5+). The tracker formula treats 5+ layers as supportive and 1–2 as weak.
Reporter confluence
The Structure Reporter's own signed confluence percentage. It is separate from this page's Tracker confluence.
Reference levels
Last swing high (HH) and pivot low (HL) exported by SwingFlow on each timeframe. They are reference levels the indicator tracks, not stop or target recommendations.

Indicators are from the TheurgyLabs CryptoStatus overlay / CS Waves family. Descriptions are general and based on the exported field names and labels.

Research journal only, not investment advice. Readings are manual snapshots and are not updated live.