Bitcoin · 2026-08-04

That day's trend: Neutral leaning bullish

That day's view: BTC opened 8/4 at $63,520 and closed at $64,106.56, with an intraday high/low of $64,549.16 / $63,322.01, a +0.92% move over 24 hours. Volume came in at 13,690 BTC, down 11.9% from 15,543 BTC the prior day — the price gain was not matched by a volume expansion. Average perpetual funding eased to +0.00467% from +0.00548% the prior day, a roughly 14.7% pullback, though still positive; Open Interest slipped 0.30% over the same window, indicating the rebound was driven more by position reduction than by fresh leveraged longs — a textbook (c) short-covering repair rather than a leveraged long-add. Taker buy/sell averaged 1.07 with a 1.18 print, suggesting improving near-term bid flow, but the retail long/short account ratio fell from 1.50 to 1.28, capping the chase-bid appetite. FGI dropped from 28 to 25, re-entering Extreme Fear, leaving the price repair diverging from a softening sentiment backdrop. On balance, $64,550 is the immediate overhead hurdle; a break accompanied by OI and volume re-expansion would be needed to shift the bias constructive. On the downside, $63,300 is the first line of defense, with a loss opening a retest of the $63,000 area.

Key Data

BTC closing price: opened UTC 2026-08-04 00:00 at $63,520.00, closed UTC 2026-08-04 24:00 at $64,046.65 — window +0.92%
Intraday range: high $64,549.16 / low $63,322.01, range $1,227.15 (1.93%)
24-hour total network volume: 13,690 BTC (~$875M)
Perpetual funding rate: 4-period average +0.00467% (08-04 00:00 +0.00308% / 08-04 08:00 +0.00625% / 08-04 16:00 +0.00768% / 08-05 00:00 +0.00167%)
Taker buy/sell ratio: 24h average 1.0717, latest 1.1782
Retail long/short account ratio: 24h average 1.4139, latest 1.2784
Top-trader long/short position ratio: 24h average 1.5306, latest 1.5381
Open Interest (OI): 24h net -0.30%, currently 108,226 BTC
Perpetual basis: stable in the -0.05% to +0.05% band
Fear & Greed Index: 2026-08-04 print 25 (Fear)

24H Price Review

Phase · Early (UTC 00-06): open $63,520.00 → $63,818.48, +0.47%, 6h volume 3,386 BTC.
Phase · Late morning (UTC 06-12): open $63,818.47 → $63,926.00, +0.17%, 6h volume 2,942 BTC.
Phase · Afternoon (UTC 12-18): open $63,926.00 → $63,972.09, +0.07%, 6h volume 4,622 BTC.
Phase · Close (UTC 18-24): open $63,972.09 → $64,106.56, +0.21%, 6h volume 2,741 BTC.

Bull vs. Bear

Phase 3 (UTC 12-18) single-stage sell-off of +0.07% with volume concentrated at 4,622 BTC | printed the window low of $63,322.01 — classic 'event-driven concentrated selling' pattern
OI 24h net -0.30%, near neutral | OI shed -330 BTC, capital neither exiting nor actively building positions
Range 1.93% elevated volatility reflects fierce bull-bear contest | 24h range of 1.93% hit a recent high, rising price volatility translates into elevated position-holding risk
Phase 1 (UTC 00-06) single-stage rebound of +0.47% with volume of 3,386 BTC | printed the window high of $64,549.16 — classic 'post-event technical rebound' pattern
Top-trader long/short position ratio 24h average 1.53 — institutions mildly long | whale L/S 24h average 1.53 / late session 1.54, showing institutions maintained a mildly bullish stance through the window
Taker buy pressure late session 1.1782 > 1.0 — buy side returning | taker buy flow returning in the late session, signaling bid support clustered near the $63,322.01 area