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

BTC Structure Tracker

Bearish 8H & Weekly · Bullish Daily · Neutral confluence 47% · Bull trend

8HBEARISHDailyBULLISHWeeklyBEARISH
$77,300.00Reading 2026-05-20Manual snapshot, not live

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Signals

Signal8HDailyWeekly
StructureBEARBULLBEAR
Seismic5.2NEUTRAL7.5BEAR0NEUTRAL
OI sentimentSHRTS COVROI 5.9%SHRTS COVROI 5.9%SHRTS COVROI 5.9%
RealPnL Z-0.46NEUTRAL-0.58NEUTRAL-0.02NEUTRAL
OnChain vs signal—not exportedBelow0 / 0—not exported
Early warningNoneNoneNone
Show all indicators
Signal8HDailyWeekly
RSI / ADX42 / 3047 / 2346 / 26
+DI / −DI0 / 00 / 00 / 0
Lev Press171616
RSI div0%0%0%
OI div0%0%0%
Vol div0%0% EXHAUST0%0%
Funding proxy22%NEUTRAL8%NEUTRAL0%N/A
Basis0%USDT BEAR0%USDT BEAR0%FLAT
ATR comp85%68%110%
ADX turn0%TRENDING5%COILING0%TRENDING
Bias / Layers0 / 30 / 50 / 0
GravityWell-18.2BELOW EQ6.1BELOW EQ0.3ABOVE EQ
Thrust / Gravity61 / 5335 / 2315 / 12
Reporter confluence———
Last high / low$82,014.00$76,011.00$82,814.00$74,931.00$97,913.00$60,133.00
Invalidation$0.00risk 0%$0.00risk 0%—
Potential HH / HL— / —— / —— / —
Buildup / Buy zoneLOWLOWLOW
ROC / dist. from HH000
EMA 1h / EMA D77,126 / 78,28277,124 / 78,27977,122 / 78,277
OI bars since———
gravityWell.orbit-18.26.10.3
gravityWell.gravLn000
gravityWell.signal000
gravityWell.priceBELOW EQBELOW EQABOVE EQ
gravityWell.gravity532312
gravityWell.decay000
gravityWell.thrust613515
gravityWell.adx302326
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 2026-05-20

Reading #40. BTC $77,300 — down -3.7% from R#39 ($80,291). Seven days since last reading. The squeeze coil from R#39 resolved to the downside. KEY CHANGES: 8H STRUCTURE FLIPPED CONTRACTING → BEARISH. The $79,149 8H HL identified in R#39 as the invalidation level has been breached — new 8H HL is $76,011, a $3,138 drop. The 8H HH also slipped from $82,420 to $82,014. This is the first 8H bearish flip since the rally began. Daily remains BULLISH (HH $82,814 / HL $74,931 intact) — the key structural divergence is now 8H BEARISH vs Daily BULLISH. OI DIVERGENCE FLUSHED: 56% → 0% across ALL THREE TFs. The SQZ SETUP flags from R#39 are gone. The squeeze resolved — just not in the direction the coil suggested. OI SENTIMENT SHIFTED: LNGS EXIT → SHRTS COVR across all TFs. Shorts that were entered are now covering into the decline, which means the downmove is seeing profit-taking rather than new short building. This provides a potential floor — aggressive short covering can reverse a move quickly. SEISMIC COLLAPSED: 8H 14.8 BULL → 5.2 NEUTRAL, Daily 22 BULL → 7.5 BEAR, Weekly 10.2 BULL → 0 NEUTRAL. The aligned BULL bias across all three TFs from R#39 (noted as the first time all aligned bullish) lasted exactly one reading. Daily seismic flipping to BEAR bias is significant. 8H GRAVITY DEEPENED: orbit -18.2 BELOW EQ (was 12.9 BELOW EQ). Price is further below the 8H equilibrium. However, thrust (61) still exceeds gravity (53) — momentum has not died, price is just in deeper discount territory. DAILY GRAVITY FLIPPED: -2 ABOVE EQ → 6.1 BELOW EQ. Price dropped below the daily equilibrium for the first time. Weekly GRAV barely ABOVE EQ at 0.3 — teetering on the edge of flipping. ADX DROPPED across all TFs: 8H 35→30, Daily 33→23, Weekly 28→26. Trend strength is dissipating. Daily 5% COILING suggests energy building for a directional move but no commitment yet. LEVERAGE CLEANED: LP 17/16/16 — extremely low across all TFs. Sub-20 LP with SHRTS COVR means the move down happened on low leverage, which is more orderly and less likely to cascade. Price is trading below both the 1H EMA ($77,126) and Daily EMA ($78,279) — bearish on both timeframes. USDT basis is BEAR on 8H and Daily — stablecoin flow favoring exits. REGIME: POST-SQUEEZE REBALANCING. The R#39 squeeze setup failed — OI Div flushed, seismic collapsed, 8H structure broke bearish. But the decline is orderly: leverage is minimal, shorts are covering (not building), and the daily bullish structure ($74,931 HL) remains intact. This is not a panic flush — it is a controlled pullback that broke the 8H range but has not yet threatened the daily structure. KEY WATCHES: (1) Daily HL $74,931 — this is now THE invalidation level. A break here flips the daily bearish and aligns all three TFs bearish for the first time, (2) SHRTS COVR sentiment — if this flips to SHRTS ENTR it means new shorts are building for a deeper move, (3) Weekly GRAV at 0.3 ABOVE EQ — a flip below would put all three TFs below equilibrium, (4) 8H thrust 61 vs gravity 53 — thrust still leads, watching for crossover, (5) Daily seismic BEAR bias — needs to flip back to NEUTRAL or BULL for any sustainable rally attempt.

Key levels

Weekly swing high$97,913.00+26.7%
Daily swing high$82,814.00+7.1%
8H swing high$82,014.00+6.1%
Price at reading$77,300.00snapshot
8H pivot low$76,011.00-1.7%
Daily pivot low$74,931.00-3.1%
Weekly pivot low$60,133.00-22.2%
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.