BTC Market Review - March 3, 2026
Despite ongoing selling pressure, the market remains rangebound. Limit buying is curbing the decline, and volatility remains moderate.
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 and Limit Orders
During the period under review, there were isolated spikes in buying activity for market orders, as reflected in the delta. However, in aggregate, market selling activity continues to predominate. This is clearly visible in the delta histogram (red rectangle)—the pressure remains predominantly on the sellers’ side.
At the same time, significant spikes in inserted buy orders for limit orders are recorded; the extreme values are marked on the chart (green rectangle). This indicates the presence of counter-limit demand in the current price range.
Price Change per Unit Volume
The effectiveness of volume has shifted significantly in favor of buying: a smaller volume is required for an upward price movement compared to downward pressure. However, no clear price result from this effectiveness has yet been observed.
Balance Index
The Balance Index remains within normal percentile values, without entering the zone of rare or extreme values.
Price Dynamics
Market orders continue to predominate quantitatively. At the same time, limit orders are seeing an upward balance shift, creating local support from limit demand.
Summary:
The sideways movement phase with relatively low volatility continues. Selling pressure continues, but neither the local minimum nor the local maximum has been broken yet.
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