BTC Market Review - April 21, 2026
Buying activity intensifies: market buy orders become more effective, and the price responds with a rally. The market maintains a local ascending structure with additional limit support in the current range.
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 facts, not on our expectations and hopes.
Market Orders and Limit Orders
During the period under review, market orders show a localized downward balance shift, but the surges in buy market orders appear more pronounced. This is clearly reflected in the delta histogram (green rectangle) and indicates increased buying activity.
At the same time, limit orders show a predominance of buy orders (orange rectangle), which act as support in the current range. This indicates the presence of additional counter limit demand.
Price Change per Unit Volume
The effectiveness of volume has also begun to shift in favor of buying: less volume is required to drive the price up compared to downward pressure. This indicates an increase in the effectiveness of buying activity.
Balance Index
The Balance Index has shifted slightly downward, but remains near the upper percentile.
Price Dynamics
Market buy orders are becoming more pronounced, and the price is responding to them with growth, indicating their effectiveness. At the same time, limit orders are also predominantly buying, creating additional local support in the current range.
Summary:
According to Charles Dow’s theory, the local ascending structure is currently maintained: highs are being made while lows remain unchanged.
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