Today's Daily Edge
2026-06-05
BTC Price
$60,839
▼ -4.8% (24h)
CME Futures Gaps
Week of May 31, 2026
$73,318 – $73,838
$70,950 – $71,310
$66,285 – $67,467
$64,810 – $65,672
$63,233 – $63,674
- TREND STRUCTURE
The market structure is bearish, with lower highs and lower lows. The most recent change of character (CHoCH) occurred to the downside, indicating a loss of momentum for buyers. The current momentum direction is downward.
- INTEREST ZONES$61,60033.5M+1.3%
$61,600 above current price, size 33.5M
$62,08534.0M+2.0%$62,085 above current price, size 34.0M
$62,63127.9M+2.9%$62,631 above current price, size 27.9M
$63,72332.2M+4.7%$63,723 above current price, size 32.2M
$63,84425.2M+4.9%$63,844 above current price, size 25.2M
$60,839Analysis Price0.0%$60,44844.0M-0.6%$60,448 below current price, size 44.0M
$59,65939.5M-1.9%$59,659 below current price, size 39.5M
$59,59970.2M-2.0%$59,599 below current price, size 70.2M
$59,23544.0M-2.6%$59,235 below current price, size 44.0M
$58,99235.1M-3.0%$58,992 below current price, size 35.1M
Above price Analysis Price Below price - Market Data
- 🔴Net Buy/Sell Pressure: -15.07K — The negative CVD indicates selling pressure, which is bearish for price direction.
- 🔴Market Leverage Bias: -0.00789% — The negative funding rate indicates that shorts are paying longs, which is bearish.
- 🟡Force-Exit Volume: 1.093M — High aggregated liquidations indicate potential for a squeeze.
- 🔴Liquidity Injection: -218.976 — The negative OI delta indicates decreasing long positions or increasing short positions.
- 🟢Order Flow Imbalance: 87.56 — The positive bid-ask delta indicates buy-side pressure.
- 🔴Smart Money Tracker: -51.48 — The negative whale index indicates decreased buying activity from whales.
- 🟡Sentiment Heat: 12 — The low fear and greed index indicates extreme fear.
- 🟡Momentum Velocity: 49.47 — The RSI is neutral.
- 🔴Overall Bias: Bearish — The order flow indicators suggest a bearish market.
- REVERSAL RISK
A reversal could occur if the price reaches 61600, where significant liquidity is present.
- MOST PROBABLE SCENARIO
- ▶The expected move in the next few hours is a continuation of the downward trend.
- SHORT SETUP (lower probability)
Entry
$60,448
Stop Loss
$60,839
Risk/Reward
1:2
Target 1
$59,659
Target 2
$59,235
Probability
Low
Confirmation: The short setup is based on the bearish order flow. - LONG SETUP (higher probability)
Entry
$61,600
Stop Loss
$60,839
Risk/Reward
1:2
Target 1
$62,085
Target 2
$62,631
Probability
High
Confirmation: The long setup is based on the presence of significant liquidity. - BEST TRADE RIGHT NOW
The best trade right now is to short at 60448
- WHAT TO WATCH
- •Key Level: The levels to watch are 60448, 61600, and 59659.
- WYCKOFF PHASEX
X — Extension / Markdown
The current price of 60839 and the visible market structure indicate a markdown phase.
📍 Action: Look for short entries.
- CME GAP ANALYSIS
There is a CME gap at 64800, which was not filled and still acts as a magnetic zone.
- GEOPOLITICAL SITUATION
The current geopolitical events and macro news may affect BTC price in the near term. TRADE_JSON_START { "current_price": 60839, "overall_bias": "Bearish", "wyckoff_phase": "X", "oi_dominant_state": "SHORT_SQUEEZE", "liquidity_gravity": "down", "liquidity_gravity_pct": 60, "primary_liq_target": 60448, "funding_rate_bias": "shorts_paying", "long": { "entry": 61600, "target1": 62085, "target2": 62631, "stop": 60839, "rr": "1:2", "probability": "Lower" }, "short": { "entry": 60448, "target1": 59659, "target2": 59235, "stop": 60839, "rr": "1:2", "probability": "Higher" }, "best_trade": "short", "confirmation_level": 60448 } TRADE_JSON_END
⚠️ This analysis is for educational purposes only and does not constitute financial advice. Always do your own research before trading.