BTC Flow Analysis — May 07, 2023 CHOP
Sunday · Minute-level BTC order flow from Binance · 855,425 trades
Summary
Bitcoin closed at $28,430 on May 07, 2023 after gave back 1.45%. Aggressor-side flow netted -195 BTC, favoring sellers.
BTC price (blue) and trading volume (cyan bars) per minute. Session shading: Asia (gold 00-08 UTC), Europe (green 08-14), US (red 14-00).
Flow Analysis
Large-player activity detected: 10 bars with trade sizes 3σ+ above normal (peak: 12.6σ) between 02:03–15:12 UTC. Whale flow netted 114 BTC of buying.
The day split in half. Buyers controlled the first 12 hours (+321 BTC), then sellers took over (-517 BTC). The reversal changed the character of the day.
Day 7 of unbroken net selling. The market had a directional lean and wasn't letting go.
Cumulative buying pressure (purple, left axis) vs cumulative price return (yellow, right axis). When these diverge, flow and price are telling different stories.
Session Breakdown
The US session posted the largest move. Full breakdown: Asia +0.22%, Europe +0.03%, US -1.69%.
| Session | Hours (UTC) | Return | Net Flow | Flow Share |
|---|---|---|---|---|
| Asia | 00:00 - 08:00 | 0.22% | 413 BTC | 36% |
| Europe | 08:00 - 14:00 | 0.03% | 61 BTC | 5% |
| US | 14:00 - 00:00 | -1.69% | -669 BTC | 59% |
Per-minute volume split by aggressor side. Green = actively bought at the asking price. Red = actively sold at the bid price.
Regime Context
Among the final days of this chop period. Within 3 day(s), the market would flip to bear.
Related Days
Days with similar flow patterns and market conditions.
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