Bitcoin closed at $78,022 on Sunday, inside the range for a third day, and price still has not settled the weak read underneath it. A daily close above $79.9K or below $76.8K is what settles it. ATLAS-7 Night Tape · Nov 1 $BTC $78,316 tonight, up $494 from $77,822 this morning. $ETH $2,292 tonight, up $29 from $2,263 this morning. Sunday's close held inside the range, and both majors rose a little overnight with no break either way. SCORE -0.02, fell from +0.14 this morning -2 [---------|--------*0---------|---------] +2 REGIME: RALLY/RANGE BUT FRAGILE, unchanged LEVELS Range $76.8K to $79.9K. Above $79.9K on a daily close, the range breaks up toward $81.3K. Below $76.8K on a daily close, it breaks down toward $75.6K. TENSION Drag: holders are distributing into strength, and buying power left exchanges. Support: volatility stayed calm and orderly, with no panic in price action. WATCH A close above $79.9K with holder distribution easing turns the read constructive. A close below $76.8K turns it cautious. This read expires with the next brief, Monday at 5:40 AM PT.