Despite the predominance of market selling, the price is showing gradual growth and continues to move sideways. The local low remains unrevised.
Table of content
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.
The overall situation remains essentially unchanged. Cumulatively, in aggregate form, sell market orders remain dominant (red arrow). This is clearly reflected in the cumulative delta histogram and indicates ongoing pressure from market sellers.
At the same time, limit orders show a steady, cumulative predominance of buy orders (green arrow). In the current market structure, it is these volumes that act as support, curbing market selling pressure and limiting further declines.

The effectiveness of volume has shifted significantly in favor of buying: less volume is required to push the price up compared to downward pressure. However, this is not yet enough to generate a more pronounced price movement.

The heatmap shows pronounced anomalous clusters of limit buy orders slightly below the current price. Moreover, density data gradually increases as the price moves higher (blue rectangle).
Above the current price, however, no comparable anomalous clusters of liquidity are observed, highlighting the concentration of limit demand at the bottom of the range.

The Balance Index has shifted upward and is in the abnormal percentile zone.

Price Dynamics
Despite the predominance of market sales, the price is gradually rising. At the same time, the volume of limit buy orders continues to increase, forming local support in the current price range.
The price continues to move within a sideways range. The local high was slightly updated earlier, while the low remains unchanged.

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