BTC Market Review - April 28, 2026
Buying activity is intensifying despite a local pullback. The price is holding above previous lows, maintaining its upward structure.
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 are showing a localized downward balance shift, but cumulatively, buy market orders are beginning to predominate. This is clearly visible in the cumulative delta histogram (green rectangle) and indicates a gradual increase in buying activity.
At the same time, limit orders are showing a steady, cumulative predominance of buy orders (green arrow). In the current range, these volumes act as additional support, holding back the decline and generating counter-limit demand.
Z-Score (Price)
On the last sell-off, the price was pushed down by almost 2 standard deviations, reaching the percentile abnormal zone (arc-shaped arrow). This indicates a local increase in pressure, which could lead to a stall or reversal.
Balance Index
The Balance Index has returned to normal values and is currently not showing a significant shift in either direction.
Price Dynamics
Market buy orders are beginning to become more pronounced, but the price has shown a slight downward pullback. At the same time, buy orders remain dominant in limit orders, creating additional support in the current price range and holding off the decline.
Summary:
At the same time, according to Charles Dow’s theory, the local structure remains ascending, as the previous low has not been broken. The current movement indicates a continuation of the uptrend, despite local pullbacks.
What approach to implementing trading ideas do you use in practice?
Follow new insights in our telegram channel.
No need to invent complex schemes and look for the "grail". Use the Resonance platform tools.
Register via the link — get a bonus and start earning:
OKX | BingX | KuCoin.
Promo code TOPBLOG gives you a 10% discount on any Resonance tariff plan.
Recommended articles
