ALT Market Review - May 8, 2026

In this market review, we are not attempting to predict the future; our task is to state the facts we have at the current moment. We base our actions on these facts, not on our expectations and hopes.

Market Orders and Limit Orders

Locally, market order volumes have begun to significantly predominate in the sell direction, but the balance remains skewed toward buyers—this is clearly reflected in the aggregated delta histogram (red rectangle). Selling pressure has intensified, but its effectiveness remains low.

At the same time, limit orders show a clear predominance of buy orders (green rectangle), indicating strengthening local limit support in the current price range.

Z-Score (Price)

During the current downward pullback, the price, under the influence of selling, has deviated into the zone of abnormal percentile values ​​(blue arrow). This indicates a local increase in selling pressure.

Balance Index

The Balance Index has also shifted downwards and is in the abnormal percentile zone, reflecting increased seller activity in the current range.

Price Dynamics
After a local downward pullback, market sell orders began to predominate significantly, but the price has not shown a corresponding decline. Meanwhile, limit buy orders continue to dominate, forming support and holding the price within the current range.

Result:

The local structure has entered a sideways trading phase. Despite increased selling, the current decline remains contained: the local low is not being broken, and the price continues to hold within the range.

How ​​would you implement a trading idea in this situation?

• Statistical Arbitrage
• Grid Bot
• Directional
• Options

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