Bitcoin · 2026-07-07
That day's view: BTC closed 7/7 at $63,363.99 (-1.06%), with an intraday range of 2.6% (high $63,314 / low $62,671), forming a rally-then-fade pattern. Volume of 16,834 BTC continued to contract versus 7/6, funding rate at +0.00687% shows shorts continuing to pay a small premium. OI dropped 3.19% in 24h with longs and shorts both deleveraging, and taker buy/sell at 0.9379 indicates seller dominance. Multiple signals point to a bearish-leaning structure. However, taker buying recovered to 0.9369 by the close, and BTC settled at $63,363.99, holding above the intraday lower bound at $62,671.39, suggesting short-term support remains intact. Expect sideways action in the $62,500–$64,500 range, awaiting direction from the 7/15 CPI release.
Key Data
- BTC closing price: UTC 2026-07-07 00:00 at $64,042.93, UTC 2026-07-07 24:00 at $63,363.99, -1.06% within the window
- Intraday range: high $64,314.00 / low $62,671.39, range $1,642.61 (2.56%)
- 24-hour network-wide volume: 16,834 BTC (≈ $1.07B)
- Perpetual funding rate: 4-period average +0.00687% (00:00 +0.01000% / 08:00 +0.00579% / 16:00 +0.00683% / 24:00 +0.00485%)
- Taker buy/sell ratio: 24h average 0.9379, latest 0.9369
- Retail long/short account ratio: 24h average 1.4737, latest 1.4284
- Whale long/short position ratio: 24h average 1.4032, latest 1.3974
- Open Interest (OI): 24h net -3.19%, currently 99,418 BTC
- Perpetual basis: stable within -0.05% to +0.05%
- Fear & Greed Index: 2026-07-07 reading 27 (Fear)
24H Price Review
- Phase · early (UTC 00–06): open $64,042.93 → $63,128.01, -1.43%, 6h volume 3,533 BTC.
- Phase · early afternoon (UTC 06–12): open $63,128.00 → $63,406.00, +0.44%, 6h volume 3,145 BTC.
- Phase · afternoon (UTC 12–18): open $63,405.99 → $64,186.00, +1.23%, 6h volume 7,025 BTC.
- Phase · close (UTC 18–24): open $64,185.99 → $63,363.99, -1.28%, 6h volume 3,131 BTC.
Macro Calendar
- 🟡 2026-07-07 (Tue) · US June ISM Services Index · Impact: Medium
- 🟡 2026-07-10 (Fri) · US June Non-Farm Payrolls (NFP) · Impact: Medium
- 🟡 2026-07-14 (Tue) · US June Producer Price Index (PPI) · Impact: Medium
- 🔴 2026-07-15 (Wed) · US June Consumer Price Index (CPI, YoY/MoM) · Impact: High
Bull vs. Bear
- Phase 1 (UTC 00–06) single-phase sharp drop of -1.43% with concentrated volume of 3,533 BTC | Touched window low at $62,671.39, classic "news-triggered concentrated selling" pattern
- OI 24h net -3.19%, longs and shorts deleveraging together | Net OI decrease of 3,273 BTC, both sides actively reducing exposure, typical deleveraging state
- Taker sell-side 24h average 0.9379 < 1.0, seller dominant | Taker flow remains seller-skewed; although taker buying recovered to 0.9369 by the close, no effective price rebound followed
- Phase 3 (UTC 12–18) single-phase rebound of +1.23% with volume of 7,025 BTC | Touched window high at $64,314.00, classic "post-event technical rebound" pattern
- Whale long/short ratio 24h average 1.40, institutions mildly bullish | Whale L/S 24h average 1.40 / latest 1.40, showing institutional players maintained a mildly bullish stance through the window
- Close at $63,363.99 held within the $62,671.39–$64,314.00 range | Price stayed within the day's range without breaking the lower bound = short-term support intact