BTC: Spot Absorption Events
Shown as its 3 Oct – 1 Nov 2026 sample; the latest readings and full history are included with Pro.
How many five-minute BTC spot bars showed absorption in each period: heavy net taker flow one way while the price closed the other way.
Why use it. When aggressive selling hits and the price rises anyway, passive buyers are soaking it up (the reverse at resistance). Absorption is one of the footprint signals traders use to read who is actually in control. How to read it. Bid absorption counts bars where sellers pressed and the price rose, ask absorption bars where buyers pressed and it fell. Read clusters, not single events; heavy absorption near a level often comes before a turn.
Calculation. A five-minute bar counts when its net taker flow is at least 2.5 times the mean of that hour's bars in size and the price closed at least 0.01% the other way. Counts are per period. Published for Bitcoin, Ethereum and Chainlink. Source: our own trade-by-trade price-level capture of the public spot trade feeds of Binance, Bybit, Bitget, Gate, KuCoin, HTX, Crypto.com, OKX, Coinbase and Kraken, for BTC's spot markets against USD, USDT, USDC and FDUSD. Every trade is added, in US dollars and on its taker side, to the price level it executed at, on one fixed grid for the coin across all venues: a tick of 1, 2 or 5 times a power of ten, about 0.01% of the price when the collection began; rows of the views are whole numbers of ticks, so every total is an exact sum of trades. Stablecoin quotes (USDT, USDC, FDUSD) count at face value as USD, so venues quoting in different stablecoins share one price axis. Trades missed during a reconnect are not estimated, and venues we do not collect are not included, so volumes understate the whole market; prices on the venues differ slightly (stablecoin quotes, perpetual premiums), so aggregated highs and lows are the extremes of any covered venue. History starts when this collection began on 22 October 2026; no earlier values are reconstructed. OKX, Coinbase and Kraken are included from 23 October 2026, when this collection added them; no earlier values are reconstructed for them.