The analysis revealed a decline in the effectiveness of market selling while limit buying increased. Abnormal clusters of limit orders on both sides of the price create a range within which the market consolidates. The Balance Index remains neutral, and the price is held up by limit support.
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In this market review, we are not attempting to predict the future or predict what will happen next. 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.
In aggregate, selling orders remain dominant. However, their effectiveness is declining—selling pressure is not leading to renewed local lows.
There is an increase in buy orders for limit orders. Currently, these volumes are forming support and holding the price within a range.

The heatmap in volume mode shows abnormal clusters of limit orders both below and above the current price—at a distance of approximately 15%, indicating a concentration of liquidity within a range.

The Balance Index remains in the middle percentile, without any clear dominance of buyers or sellers.

Price Dynamics
Despite the continued predominance of market selling, the price has not shown a significant decline, indicating active absorption of selling by limit buyers.
Locally, the price is moving sideways, formed within the limit clusters displayed on the heat map.

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