BTC: Spot Stacked Imbalances
Shown as its 3 Oct – 1 Nov 2026 sample; the latest readings and full history are included with Pro.
How many stacked imbalances appeared in the BTC spot footprint in each period: runs of at least three consecutive price levels where one side of the tape overwhelmed the other.
Why use it. Stacked imbalances mark prices where one side pressed through several levels in a row; traders watch them as support, resistance or the start of initiative moves. How to read it. Blue bars count buy runs and red bars sell runs. Clusters near turning points suggest aggressive repositioning; a run against the prevailing trend often precedes a reaction. This is a published rule, not a prediction.
Calculation. Five-minute bars are cut from one-minute ladders of captured trades. A level is a buy imbalance when its buy dollars are at least 3 times the sell dollars one level below (and at least $1,000 or 0.05% of the bar), a sell imbalance the mirror image; three or more such levels in a row count as one stacked imbalance. Summed over the 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.