Bitcoin · 2026-07-11

That day's trend: Neutral leaning bearish

That day's view: BTC closed 7/11 at $63,855.84 (-0.53%) with intraday range 1.07% (high $64,504.11 / low $63,819.00). Volume 9,152 BTC, down ~18% versus 7/10. Open Interest fell -2.45% over 24h to 101,386 BTC, signaling major-player deleveraging. Funding rate held mildly positive at +0.00494% four-period mean. Taker buy/sell ratio 24h mean 0.9931 < 1.0 (sell-side dominant), latest 0.7677 — buy-side returned in the close but failed to drive price rebound. Retail long/short 24h mean 1.2627 remains bullish-leaning; top-trader L/S mean 1.3502 mildly bullish. Fear & Greed Index 26 sustained fear regime aligns with price weakness — sentiment and structure in sync. Pattern classification: (c-mix). Mild pullback combined with major-player distribution releases sell pressure, but funding staying positive indicates short-covering is not yet fully in control. Key levels: $63,800 support / $65,000 resistance. A break below $63,800 on rising volume would warrant caution. Next drivers: US 7/14 PPI, 7/15 CPI, and FOMC meeting minutes next week.

Key Data

BTC close: UTC 2026-07-11 00:00 = $64,161.72, UTC 2026-07-11 24:00 = $63,855.84, window -0.53%
Intraday range: high $64,504.11 / low $63,819.00, amplitude $685.11 (1.07%)
24h total volume: 9,152 BTC (~$587M)
Perp funding: 4-period mean +0.00494% (07-11 00:00 +0.01000% / 07-11 08:00 +0.00094% / 07-11 16:00 +0.00416% / 07-12 00:00 +0.00465%)
Taker buy/sell ratio: 24h mean 0.9931, latest 0.7677
Retail long/short ratio: 24h mean 1.2627, latest 1.2573
Top-trader long/short ratio: 24h mean 1.3502, latest 1.3747
Open Interest: 24h net -2.45%, now 101,386 BTC
Perp basis: stable in -0.05% to +0.05% band
Fear & Greed Index: 2026-07-11 = 26 (Fear)

24H Price Review

Stage · Early (UTC 00-06): open $64,161.72 → $64,176.01, +0.02%, 6h volume 1,861 BTC
Stage · Mid-morning (UTC 06-12): open $64,176.00 → $64,198.00, +0.03%, 6h volume 2,081 BTC
Stage · Afternoon (UTC 12-18): open $64,197.99 → $64,315.53, +0.18%, 6h volume 3,239 BTC
Stage · Closing (UTC 18-24): open $64,315.53 → $63,819.00, -0.77%, 6h volume 1,971 BTC

Macro Calendar

🟡 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
🟡 2026-07-22 (Wed) · BTC July options expiry (Deribit) · Impact: Medium

Bull vs. Bear

Stage 4 (UTC 18-24) sharp drop -0.77% + concentrated 1,971 BTC volume | touched window low $63,819.00, a textbook short-event-driven concentrated-sell pattern
OI 24h net -2.45% simultaneous longs/shorts deleveraging | OI fell -2,551 BTC, both sides actively reducing — textbook deleveraging
Taker sell-side 24h mean 0.9931 < 1.0 sell dominance | taker persistently sell-side dominant, although late-window 0.7677 buy-side return failed to produce an effective rebound
Stage 3 (UTC 12-18) rebound +0.18% + 3,239 BTC volume | touched window high $64,504.11, a textbook post-event technical rebound
Top-trader L/S 24h mean 1.35 institutional mildly bullish | top-trader L/S mean 1.35 / close 1.37, institutions held a mildly bullish stance through the window
Close at $63,819.00 held the $63,819.00-$64,504.11 band | 24h price stayed within the window range, did not break the lower edge — short-term support holds