BTC — Spot, Futures & Market Structure November 10, 2026 Current BTC is trading around $74.69K, following a sharp decline and a recent intraday low near $73,333. After our regular weekend publishing break, the market is showing a weaker price structure. BTC remains below its 5-day, 10-day and 30-day moving averages. The key divergence: 24H spot netflows remain positive, but futures flows are weakening across shorter timeframes. Spot Flows 5m → -$1.03M 15m → -$2.01M 30m → +$3.38M 1H → -$16.38M 2H → -$11.28M 4H → -$7.51M 6H → +$38.75M 8H → +$76.84M 12H → +$118.69M 24H → +$235.45M 1W → -$61.91M 15D → -$495.20M 30D → -$1.43B Daily spot netflows remain positive, although recent hourly readings have turned negative. Longer-term flows remain negative, suggesting that the broader recovery is not yet established. Futures Flows 5m → +$3.24M 15m → +$38.09M 30m → +$38.85M 1H → -$126.65M 2H → -$147.60M 4H → -$215.53M 6H → -$104.24M 8H → +$105.13M 12H → -$133.75M 24H → +$24.31M 1W → -$2.12B 15D → -$5.31B 30D → -$8.94B The 24H figure is marginally positive, but the 1H–6H windows show renewed outflows. Weekly and monthly futures flows remain substantially negative. Exchange netflows alone do not establish directional buying or selling. Market Structure BTC has fallen significantly from last week's levels above $80K. The recent rebound from $73.33K has not restored the broader bullish structure. Price remains below key daily moving averages, while short-term momentum is fragile. Interpretation Spot 24H → Positive Spot 1W → Negative Futures 24H → Slightly positive Futures 1W → -$2.12B Futures 30D → -$8.94B Price → Below $75K The main divergence is clear: Positive daily exchange netflows are not translating into sustained price strength. Short-term futures weakness and deeply negative longer-term readings warrant caution. Conclusion BTC needs to reclaim $75K–$76K and sustain stronger spot participation to improve its immediate structure. Failure to stabilize above the recent $73.33K low would increase downside risk. For now, the market remains fragile, and a confirmed bullish reversal is still missing. Not financial advice.