A flat Monday as open interest rises 3%

Price and levels

Price traded between $79,369 and $80,845, a 1.84% range. The low went under Sunday's low of $79,846 but held above the 30 day low of $79,221. The close sits a hair under the weekly open, below the 50 day average of $81,850 and the monthly open of $83,624. The 200 day average is at $73,030, and the close is 29.8% under the 52 week high close of $114,108.

Previous day

$79,846 to $81,034

7 day range

$79,221 to $84,898

30 day range

$79,221 to $87,220

Weekly open

$80,154

Monthly open

$83,624

50 day average

$81,850

200 day average

$73,030

52 week high close

$114,108 (29.8% below)

Derivatives

Median funding rose to 0.0100% per period. Open interest climbed 3.01% to $29.5B while price went nowhere, so new positions were added on both sides of a flat day. Perpetuals traded 1.3 basis points under spot.

Market mood

Volume picked up to 106% of its 30 day average. Seven day realized volatility is 29.6%. The fear and greed index reads 50, breadth is 17.2% of coins above their 50 day average, and Bitcoin took 38.3% of stablecoin-quoted volume.