ALT Market Review - January 16, 2026
With market selling dominating, the price shows no significant decline and is held in place by limit buying. The market continues to move in a wide sideways range, with trading near the local high.
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.
Market Orders (red arrow)
In aggregate, over an extended period, sell orders have remained dominant in market orders. This is clearly reflected in the cumulative market delta histogram and indicates persistent selling pressure.
Limit Orders (green arrow)
At this time, buy orders dominate limit orders. Currently, these volumes are acting as support, holding the price within a wide sideways range.
Balance Index
The Balance Index remains in the middle percentile, without a pronounced bias toward buyers or sellers.
Price Dynamics
Despite the prevalence of market sales, the price is showing moderate growth locally, indicating the weak effectiveness of these sales.
Summary:
The price is still within the established range and remains in a sideways movement: neither the local high nor the local low have been updated yet. Currently, the price is in a trading phase near the local high.
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