Daily market structure BTCUSDT perpetualFinal

Bitcoin on Sunday, 18 October 2026

BTC closed up 0.76 % on the day, trading between 80,622 and 82,269. The high came at 09:40 UTC and the low at 20:15 UTC.

Close
82,078
+0.76 % from 81,456 open
Range
1,647
80,622 – 82,269
Dealer regime
Long gamma
Hedging dampens moves
Volume
96,831
BTC traded

Sessions

Asia, London and New York, each summed up when it closes. Times follow local opening hours.

Asia
00:00–07:00 UTC
Closed
+0.29 %
81,366 – 82,050  ·  range 684
high 03:45 UTC  ·  low 00:00 UTC  ·  18,212 BTC
Long gamma  ·  CW 90,000  ·  PW 80,000
BTC order book heatmap, Asia session, 18 Oct 2026
London
07:00–13:30 UTC
Closed
−0.19 %
81,444 – 82,269  ·  range 825
high 09:40 UTC  ·  low 13:25 UTC  ·  20,105 BTC
Long gamma  ·  CW 90,000  ·  PW 80,000
BTC order book heatmap, London session, 18 Oct 2026
New York
13:30–20:00 UTC
Closed
−0.84 %
80,753 – 81,530  ·  range 777
high 13:30 UTC  ·  low 19:45 UTC  ·  34,109 BTC
Long gamma  ·  CW 90,000  ·  PW 80,000
BTC order book heatmap, New York session, 18 Oct 2026
BTC order book heatmap for 18 Oct 2026 with price, options walls and the day's liquidity wall events
Asks (resting sell liquidity)Bids (resting buy liquidity) Call / put wall0DTE wallsGamma flip

What happened

Written from the data, not opinion.

Options positioning puts the call wall at 90,000 and the put wall at 80,000. Dealers are estimated to be long gamma, where dealer hedging tends to dampen moves.

The ask wall at 81,730 held at 02:03 UTC: about 50 BTC traded into it and price turned 118 USD away.

At 11:54 UTC a 416 BTC bid wall at 81,960 was pulled before price reached it.

At 19:40 UTC a 643 BTC bid wall at 80,850 was eaten by market orders.

Liquidity wall events

Classified from every trade at the wall's own price, not from candles. What is a liquidity wall?

EventWallTime
HeldAsk wall 81,730
50 BTC traded into it, price turned 118 USD
Open in Depth →
02:03 UTC
PulledBid wall 81,960
416 BTC wall, 401 BTC removed in 0.3 s, almost nothing traded
Open in Depth →
11:54 UTC
EatenBid wall 80,850
551 BTC of 643 BTC traded away
Open in Depth →
19:40 UTC

Options positioning

Deribit, OKX and Bybit open interest, end of day.

Estimated: dealers long gamma

Under the usual sign assumption, dealers buy dips and sell rallies to stay hedged, which tends to calm the market around big strikes.

Call wall
Strike with the most call gamma
90,000 from 82,000
Put wall
Strike with the most put gamma
80,000
Gamma flip
Where total dealer gamma changes sign
80,622 from 81,051
Call wall 0DTE
Expiring within 24 hours
82,500 from 81,500
Put wall 0DTE
Expiring within 24 hours
81,500

Resting liquidity at the close

Largest walls within 2.5 % of price.

Largest bids below

  • 81,050152 BTC
  • 81,325142 BTC
  • 81,000134 BTC

Largest asks above

  • 83,000194 BTC
  • 83,100153 BTC
  • 82,225147 BTC

Next expiries

Share of all open BTC options.

19-OCT8,454 BTC1.9 %
23-OCT19,481 BTC4.4 %
30-OCT162,994 BTC36.5 %
27-NOV30,301 BTC6.8 %

See every wall form and disappear, live.The same data as this report, second by second, free in your browser.

Open Depth
← 17 Oct19 Oct →

Method. Price, volume and order book from Binance USDⓈ-M BTCUSDT. Option levels use open interest from Deribit, OKX and Bybit with the common assumption that dealers are long calls and short puts; it is an estimate, not measured positioning. A wall is "held" when trades hit it and price turned, "pulled" when it vanished within seconds with almost nothing traded, "eaten" when most of it was traded away. Times are UTC. Updated 19 Oct 07:13 UTC.