BTC — Spot, Futures & Market Structure November 3, 2026 Current BTC is trading around $77.02K (-1.74%). After a three-day break in our market updates, Bitcoin remains under pressure. 24H High → $78,853.5 24H Low → $76,641.0 Compared with our October 30 update, daily spot and futures outflows have moderated significantly. However, both remain negative, and price is still below key daily moving averages. Spot Flows 5m → -$5.52M 15m → -$11.98M 30m → -$14.30M 1H → -$18.94M 2H → -$1.18M 4H → +$8.90M 6H → +$2.31M 8H → -$11.65M 12H → -$38.12M 24H → -$81.58M 1W → -$488.59M October 30 snapshot: -$381.87M (24H). Daily outflows are less severe than in our previous report. But short-term readings remain predominantly negative, while weekly netflows show persistent weakness. Futures Flows 5m → -$27.82M 15m → -$30.94M 30m → -$14.02M 1H → -$96.42M 2H → +$45.33M 4H → -$14.86M 6H → +$79.23M 8H → -$107.24M 12H → -$401.19M 24H → -$244.18M 1W → -$3.00B October 30 snapshot: -$1.71B (24H). Futures outflows have moderated considerably. However, the negative 12H and weekly readings indicate that broader derivatives pressure has not disappeared. Exchange netflows alone do not establish directional buying or selling. Market Structure BTC remains below its daily moving averages: MA(5) → $77.39K MA(10) → $78.73K MA(30) → $81.30K Price recently tested $76,641 before rebounding toward $77K. On the hourly chart, open interest has been rising during the latest stabilization, while momentum indicators remain weak. This warrants caution: increasing exposure does not independently confirm bullish positioning. Interpretation The market shows a partial improvement in flows, but not in overall structure. Spot 24H → Negative, less severe Futures 24H → Negative, less severe Spot 1W → -$488.59M Futures 1W → -$3.00B Price → Around $77K Daily Trend → Below MA(5), MA(10) and MA(30) The reduced daily outflows are encouraging, but negative weekly flows and weak price action remain important obstacles. Conclusion BTC needs to reclaim $77.4K and then $78K–$78.9K to improve its immediate structure. Failure to hold $76.6K would bring the recent $76.27K low back into focus. The market is showing signs of stabilization in some flow metrics, but a sustained bullish reversal is not yet confirmed. Risk Lower outflows do not automatically indicate accumulation. With weekly flows still negative and price below key moving averages, downside volatility remains a risk. Not financial advice.
