ALT Market Review - May 15, 2026
The market remains sideways: sellers’ effectiveness gradually increases, and limit buy support begins to weaken. However, the price remains rangebound without breaking the local low.
Table of contents
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 current facts, not on our expectations and hopes.
Market Orders and Limit Orders
Locally, the balance of market orders has shifted downwards and is currently near equilibrium. Over the recent period, there has been no visually evident dominance of one side or the other—this is clearly reflected in the aggregated delta histogram (orange rectangle).
At the same time, buy orders remain dominant among limit orders, but their volumes are gradually decreasing (green rectangle), which may indicate a weakening of local limit support.
Price change per unit volume
The effectiveness of volume has begun to shift in favor of selling and continues to increase: lower volume is required to push the price down compared to upward pressure. This indicates a higher success rate for sell orders.
Balance Index
The Balance Index has shifted downward and is in the abnormal percentile zone, reflecting a local increase in seller activity.
Price Dynamics
After a local downward pullback, market orders are now close to balance. Limit buy orders continue to predominate, but their volumes are gradually decreasing.
Summary:
Locally, the price continues to move sideways, with no new lows yet. Additionally, sell orders remain prevalent on the most liquid exchange, indicating continued selling pressure.
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