Daily market structure BTCUSDT perpetualFinal

Bitcoin on Monday, 19 October 2026

BTC closed down 0.21 % on the day, trading between 81,701 and 83,158. The high came at 07:30 UTC and the low at 16:00 UTC.

Close
81,903
−0.21 % from 82,078 open
Range
1,457
81,701 – 83,158
Dealer regime
Long gamma
Hedging dampens moves
Volume
128,211
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
+0.89 %
81,978 – 82,887  ·  range 909
high 06:35 UTC  ·  low 00:15 UTC  ·  31,412 BTC
Long gamma  ·  CW 83,000  ·  PW 80,000
BTC order book heatmap, Asia session, 19 Oct 2026
London
07:00–13:30 UTC
Closed
−0.43 %
82,058 – 83,158  ·  range 1,100
high 07:30 UTC  ·  low 10:30 UTC  ·  49,428 BTC
Long gamma  ·  CW 90,000  ·  PW 80,000
BTC order book heatmap, London session, 19 Oct 2026
New York
13:30–20:00 UTC
Closed
−0.75 %
81,701 – 82,539  ·  range 838
high 14:45 UTC  ·  low 16:00 UTC  ·  40,923 BTC
Long gamma  ·  CW 90,000  ·  PW 80,000
BTC order book heatmap, New York session, 19 Oct 2026
BTC order book heatmap for 19 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 82,000. Dealers are estimated to be long gamma, where dealer hedging tends to dampen moves.

The bid wall at 82,322 held at 02:26 UTC: about 9 BTC traded into it and price turned 111 USD away.

At 12:53 UTC a 603 BTC bid wall at 82,382 was pulled before price reached it.

At 14:00 UTC a 603 BTC bid wall at 82,010 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
HeldBid wall 82,322
9 BTC traded into it, price turned 111 USD
Open in Depth →
02:26 UTC
PulledBid wall 82,382
603 BTC wall, 600 BTC removed in 0.2 s, almost nothing traded
Open in Depth →
12:53 UTC
EatenBid wall 82,010
550 BTC of 603 BTC traded away
Open in Depth →
14:00 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
Put wall
Strike with the most put gamma
82,000 from 80,000
Gamma flip
Where total dealer gamma changes sign
80,924 from 80,598
Call wall 0DTE
Expiring within 24 hours
82,000 from 82,500
Put wall 0DTE
Expiring within 24 hours
82,000 from 81,500

Resting liquidity at the close

Largest walls within 2.5 % of price.

Largest bids below

  • 80,400408 BTC
  • 81,000253 BTC
  • 80,800232 BTC

Largest asks above

  • 83,000252 BTC
  • 83,500168 BTC
  • 83,100159 BTC

Next expiries

Share of all open BTC options.

20-OCT10,010 BTC2.2 %
23-OCT19,940 BTC4.5 %
30-OCT162,469 BTC36.5 %
27-NOV30,547 BTC6.9 %

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

Open Depth
← 18 Oct20 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 20 Oct 00:05 UTC.