ALT Market Review - April 17, 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 current facts, not on our expectations and hopes.

Market Orders and Limit Orders

Locally, market order volumes are predominantly buy orders—this is clearly reflected in the aggregated delta histogram (green rectangle). Buying pressure is intensifying and continues to support the price move higher.

At the same time, limit orders are predominantly sell orders, but their volume is gradually decreasing (red rectangle), indicating a weakening counter-offer.

Price change per unit volume

The effectiveness of volume has shifted significantly in favor of buying and continues to increase: less volume is required to drive the price up compared to downward pressure. This indicates a more effective buying activity.

Balance Index

The Balance Index has shifted locally downwards, but remains in the upper percentile zone of abnormal values, reflecting continued buyer activity.

Price Dynamics
Against the backdrop of the extreme upward pullback, market buy orders continue to predominate. Meanwhile, limit sell orders are still present, but their volume is insufficient, as they are unable to contain the current price movement.

Summary:

According to Charles Dow’s theory, the local structure remains ascending: a sequence of higher highs and lower lows is maintained, indicating that the current movement will continue.

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

• Statistical Arbitrage
• Grid Bot
• Directional
• Options

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