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

BTC Structure Tracker

Contracting 8H · Expanding Daily · Bearish Weekly · Neutral confluence 48% · Bear trend

8HCONTRACTINGDailyEXPANDINGWeeklyBEARISH
$78,428.00Reading 2026-05-02Manual snapshot, not live

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Signals

Signal8HDailyWeekly
StructureCONTEXPABEAR
Seismic26.4BEAR26.7BEAR12.5BEAR
OI sentimentSHRTS COVROI 12.2%SHRTS COVROI 12.2%SHRTS COVROI 12.2%
RealPnL Z-0.29NEUTRAL0.32NEUTRAL0.33NEUTRAL
OnChain vs signal—not exportedBelow0 / 0—not exported
Early warningBULL?NoneNone
Show all indicators
Signal8HDailyWeekly
RSI / ADX60 / 2262 / 2547 / 32
+DI / −DI0 / 00 / 00 / 0
Lev Press343433
RSI div0%0%0%
OI div68%FLUSH RSK68%FLUSH RSK68%FLUSH RSK
Vol div0%0%0%
Funding proxy9%NEUTRAL17%NEUTRAL0%N/A
Basis0%FLAT0%FLAT0%FLAT
ATR comp72%comp 1669%comp 2123%
ADX turn16%ENGAGING2%ENGAGING0%TRENDING
Bias / Layers0 / 50 / 50 / 1
GravityWell-10.8ABOVE EQ-3.2ABOVE EQ-0.1ABOVE EQ
Thrust / Gravity14 / 5219 / 4229 / 9
Reporter confluence———
Last high / low$77,870.00$74,907.00$79,438.00$64,935.00$97,876.00$59,046.00
Invalidation$0.00risk 0%$0.00risk 0%—
Potential HH / HL— / —— / —— / —
Buildup / Buy zoneLOWLOWLOW
ROC / dist. from HH000
EMA 1h / EMA D78,222 / 75,56278,222 / 75,56378,222 / 75,563
OI bars since———
gravityWell.orbit-10.8-3.2-0.1
gravityWell.gravLn000
gravityWell.signal000
gravityWell.priceABOVE EQABOVE EQABOVE EQ
gravityWell.gravity52429
gravityWell.decay000
gravityWell.thrust141929
gravityWell.adx222532
gravityWell.volMom000
gravityWell.atrEx000
gravityWell.extBars000
gravityWell.devSR000

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

Journal note · HOLD

Read the note for 2026-05-02

Reading #34. BTC $78,428 — up +1.6% from Reading #33 ($77,158 on Apr 27). Price has recovered from the post-HH-retest pullback and is now trading above both the 1H EMA ($78,222) and D EMA ($75,562). KEY CHANGES FROM R#33: 8H STRUCTURE SHIFTED BULLISH→CONTRACTING — the 8H is no longer in a clear uptrend. HH dropped from $79,424 to $77,870 and HL from $73,700 to $74,907. The contraction signals indecision — price is compressing between narrowing swing points. This often precedes a directional breakout. OI SENTIMENT FLIPPED CONSTRUCTIVE — all three TFs now show SHRTS COVR (shorts covering), a reversal from R#33 where all three showed SHRTS ENTR. This is the most constructive sentiment shift since R#32. Shorts are exiting, not entering — squeeze fuel is being consumed but net positioning is improving. OI SCORE SURGED TO 12.2% EXPANDING — up from 7.14% in R#33. Open interest is growing meaningfully, indicating fresh capital entering the market. Combined with SHRTS COVR, this suggests new longs are replacing exiting shorts. 8H SEISMIC JUMPED 18→26.4 — significant increase in momentum oscillation. Still BEAR bias, suggesting the momentum exhaustion is on the sell side — selling pressure is decelerating. This is constructive for bulls. DAILY STRUCTURE SHIFTED BEARISH→EXPANDING — the most significant structural change. Daily was BEARISH in R#33, now EXPANDING. The HH/HL range widened ($79,438/$64,935) indicating the daily is transitioning out of its downtrend compression. The daily ⚡ BULL? early warning from R#33 is materializing — structure is formally loosening. DAILY GRAV IMPROVED — orbit from -6.5 to -3.2, still ABOVE EQ but the gravitational pull is weakening. Price is spending less energy fighting gravity on the daily. WEEKLY BEARISH MAINTAINED — RSI 47 (from 46), ADX 32, Seismic 12.5 BEAR. Weekly GravityWell orbit near zero at -0.1 ABOVE EQ — price is sitting right at weekly equilibrium. This is neutral — no strong gravitational pull in either direction on the macro frame. LEVERAGE PRESSURE MODERATE — LP at 34 on 8H and daily (up from 22-23 in R#33). Not extreme but building. ATR COMP STILL LOW — 8H at 16% (72%), daily at 2% (69%). Volatility remains compressed. Weekly ATR at 123% — above average on the macro frame. REALPNL NEUTRAL ACROSS ALL TFs — 8H at -0.29, daily at 0.32, weekly at 0.33. No profit-taking pressure or panic. REGIME: STRUCTURAL TRANSITION. The shift from BULLISH→CONTRACTING on 8H and BEARISH→EXPANDING on daily is the defining feature of this reading. The 8H is compressing while the daily is loosening — these opposing forces suggest a significant move is building. The SHRTS COVR across all TFs with expanding OI is constructive. KEY WATCHES: (1) 8H contraction breakout direction — above $77,870 targets $79,424, below $74,907 resumes downtrend, (2) Daily EXPANDING structure — needs a confirmed HH above $79,438 to shift daily formally BULLISH, (3) OI continuing to expand with constructive sentiment, (4) Weekly equilibrium at orbit -0.1 — a decision point on the macro frame, (5) Seismic BEAR bias on all TFs — momentum exhaustion favors eventual upside resolution if structure holds.

Key levels

Weekly swing high$97,876.00+24.8%
Daily swing high$79,438.00+1.3%
Price at reading$78,428.00snapshot
8H swing high$77,870.00-0.7%
8H pivot low$74,907.00-4.5%
Daily pivot low$64,935.00-17.2%
Weekly pivot low$59,046.00-24.7%
8H invalidation$0.00-100.0%
Daily invalidation$0.00-100.0%

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
sopr000
active00—
newAddr00—
fees00—
hash00—
sends00—

Composite 0 vs signal 0.

All OnChain fields
composite
0
signal
0

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.