Bitcoin · 2026-07-24

That day's trend: Neutral leaning bearish

That day's view: BTC 7/24 opened at $65,098.98 and closed at $64,139.99, posting a 24-hour decline of 1.47% within an intraday range of $63,739.75 to $65,808.59. Aggregate on-chain volume reached 16,821 BTC (~$1.087B). Although price drifted lower, open interest (OI) rose 1.46%, a pattern closer to fresh-position suppression than to forced long liquidation; we therefore tag the session as (c-mix) — a mixed signal leaning short. Perpetual funding averaged +0.00617% across the four funding windows and stayed positive, with no flip to a negative carry, indicating longs remain dominant on the funding side. The Fear & Greed Index (FGI) printed 28, placing the market firmly in the Fear zone. Key levels to watch: $64,000 support and $65,800 resistance. A clean break below $64,000 would warrant caution against fresh short expansion, while a high-volume reclaim of $65,800 would meaningfully lift the credibility of any rebound.

Key Data

BTC closing price: $65,098.98 at UTC 2026-07-24 00:00, $64,161.63 at UTC 2026-07-24 24:00, a window change of -1.47%.
Intraday range: high $65,808.59 / low $63,739.75; absolute range $2,068.84 (3.18% of price).
24-hour aggregate on-chain volume: 16,821 BTC (~$1.087B notional).
Perpetual funding rate: 4-window average +0.00617% (07-24 00:00 +0.00760% / 07-24 08:00 +0.00515% / 07-24 16:00 +0.00588% / 07-25 00:00 +0.00607%).
Taker buy/sell ratio: 24-hour mean 0.9475, latest 0.6631.
Retail long/short account ratio: 24-hour mean 1.6811, latest 1.8769.
Top-trader long/short position ratio: 24-hour mean 1.6219, latest 1.6599.
Open Interest (OI): net +1.46% over 24h; current OI = 106,115 BTC.
Perpetual basis: stable within the -0.05% to +0.05% band.
Fear & Greed Index: 28 on 2026-07-24 (Fear).

24H Price Review

Phase 1 — Early session (UTC 00-06): open $65,098.98 → $65,325.00, +0.35%, 6h volume 2,497 BTC.
Phase 2 — Pre-noon (UTC 06-12): open $65,325.01 → $65,083.43, -0.37%, 6h volume 4,386 BTC.
Phase 3 — Afternoon (UTC 12-18): open $65,083.42 → $64,180.00, -1.39%, 6h volume 7,100 BTC.
Phase 4 — Close (UTC 18-24): open $64,180.00 → $64,139.99, -0.06%, 6h volume 2,838 BTC.

Macro Calendar

🟡 2026-07-28 (Tue) · U.S. June Durable Goods Orders · Impact: Medium
🔴 2026-07-29 (Wed) · FOMC July Rate Decision · Impact: High
🔴 2026-07-30 (Thu) · FOMC Chair Press Conference (Powell) · Impact: High

Bull vs. Bear

Phase 3 (UTC 12-18) single-phase sharp sell-off -1.39% with concentrated volume of 7,100 BTC | tagged the window low of $63,739.75 — a textbook "event-driven liquidation cascade" pattern.
OI net +1.46% over 24h while price fell = active short accumulation | OI added +1,530 BTC against a price drop of -1.47%, classic active short accumulation.
Taker sell-side 24h mean 0.9475 < 1.0 = sellers dominated | Taker flow stayed persistently sell-skewed; although buyers returned into the close (0.6631), price failed to mount any meaningful bounce.
Phase 1 (UTC 00-06) single-phase rebound +0.35% on 2,497 BTC volume | tagged the window high of $65,808.59 — a textbook "post-shock technical bounce" pattern.
Top-trader long/short ratio 24h mean 1.62 — institutions mildly bullish | top-trader L/S averaged 1.62 / closed 1.66, indicating institutions held a mildly bullish stance through the window.
Close at $64,139.99 held within the $63,739.75-$65,808.59 range | 24h price remained inside the window range and never broke the lower bound = short-term support intact.