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Order-Flow Recap: A Gold Move and a Confluence in the Tape

dailyorder-flowfootprint-chartheatmapcrypto-recapmarket-structure

Per-symbol recap

  • XAUUSDT fell 1.02%, closing at 4,118.94 after opening at 4,161.20, with a high of 4,176.59 and a low of 4,081.07. Turnover was 852,780, 1.99 times normal. The tape recorded a total of 7,894 marks during the session.
  • ETHUSDT lost 3.05%, closing at 2,420.80 after opening at 2,496.90, with a high of 2,529.57 and a low of 2,401.37. Turnover was 4,067,572, 1.37 times normal. The tape recorded a total of 1,832 marks during the session.
  • BTCUSDT slipped 1.79%, closing at 81,641.50 after opening at 83,125.80, with a high of 84,117.60 and a low of 81,401.00. Turnover was 164,128, 1.16 times normal. The tape recorded a total of 3,312 marks during the session.

The readings: what TapeHawk's footprint and heatmap indicators recorded

XAUUSDT moved down during the window covered by the story, and in that same move the heatmap chart recorded marks from Liquidity Changes, Stop Runs and Volume Spikes — a confluence of 3 indicators seen together on the same tape. The Liquidity Changes recorded 178 marks on the buy side: one of the book's largest resting walls stood, then was pulled without the tape explaining the drop. The Stop Runs recorded 21 marks on the sell side: several aggressive orders in a row, all one direction, each starting where the last one stopped. The Volume Spikes recorded 18 marks on the sell side: a burst of trading went through, a large amount in a few seconds, across several price levels, pointing the way of the side that traded more. On the candle chart, CVD showed the running total of aggressive buying minus aggressive selling went the other way: aggressive buy orders kept coming while the price moved against them.

ETHUSDT moved down during the window covered by the story, and in that same move the heatmap and footprint charts recorded marks from Big Trades, Sweeps and Absorption Zones — a confluence of 3 indicators seen together on the same tape. The Big Trades recorded 36 marks on the sell side: one very large fill at a single price, a decision rather than the tail of many small trades. The Sweeps recorded 20 marks on the sell side: one aggressive order pushed a large amount of size through several price levels in a single motion. The Absorption Zones recorded 13 marks on the buy side, drawn on the footprint chart: several price levels in a row imbalanced the same way, and the bar then closed away from them, so aggression met resting size and failed, and the zone reads the opposite way. On the candle chart, Relative Volume (RVOL) showed the volume of the bars reached 3.50 times its recent average: the move was traded heavily, not drifted into.

Top movers among the tracked symbols

  • ZEREBROUSDT +70.73%, $95.5M turnover, last at 0.04754.
  • WALUSDT +50.38%, $607.3M turnover, last at 0.05770.
  • BSPUSDT +40.34%, $81.0M turnover, last at 53.44.
  • 龙虾USDT −38.14%, $144.2M turnover, last at 0.02981.
  • SOXLUSDT −18.65%, $3.4B turnover, last at 103.98.
  • KORUUSDT −17.13%, $875.9M turnover, last at 11.95.

Notable news

  • A hotter-than-expected inflation print landed, pushing Treasury yields higher and weighing on markets (AlphaCheck).
  • US inflation came in hot, and both Bitcoin and gold sold off on the print while traders asked whether the central bank could hike again (BeInCrypto).

This is not financial advice.

Order-Flow Recap: A Gold Move and a Confluence in the Tape — TapeHawk