Daily market structure BTCUSDT perpetualFinal

Bitcoin on Tuesday, 20 October 2026

BTC closed up 1.32 % on the day, trading between 81,146 and 83,420. The high came at 14:55 UTC and the low at 01:10 UTC.

CLOSE · 20 Oct 2026
82,985
▲ +1.32 % on the day
Low 81,146High 83,420
bid wall 82,000ask wall 83,950
– – open 81,903
00:0006:0012:0018:0024:00 UTC
Range2,27481,146 – 83,420
Volume139,045BTC traded
Dealer regimeLong gammaHedging dampens moves
Wall events53 eaten · 2 pulled · 0 held

Levels around the price

±3.5 % around price · at the close

81,00082,00083,00084,00085,00082,000 · 227 BTC81,500 · 180 BTC83,950 · 616 BTCCall wall 83,000 (+0.0 %)Call wall 0DTE 82,750 (-0.3 %)Put wall 0DTE 82,500 (-0.6 %)Gamma flip 80,846 (-2.6 %)↓ Put wall 80,000 (-3.6 %)82,985
81,00082,00083,00084,00085,00082,000 · 22781,500 · 18081,800 · 17283,950 · 616CW 83,000CW 0DTE 82,750PW 0DTE 82,500Flip 80,846↓ PW 80,000 (-3.6 %)82,985
bid wallsask wallscall/put wall0DTEmax pain

The day on one line

Asia-0.15 %London-0.48 %New York+1.46 %Eaten bid 81,450Pulled bid 81,410Eaten ask 81,566Eaten ask 82,500Pulled bid 82,20000:0003:0006:0009:0012:0015:0018:0021:0024:00
Asia-0.15 %London-0.48 %New York+1.46 %Eaten bid 81,450Pulled bid 81,410Eaten ask 81,566Eaten ask 82,500Pulled bid 82,20000:0006:0012:0018:0024:00

Sessions

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

Asia
00:00–07:00 UTC
Closed
−0.15 %
81,146 – 82,239  ·  range 1,092
high 04:20 UTC  ·  low 01:10 UTC  ·  30,420 BTC
Long gamma  ·  CW 82,000  ·  PW 82,000
BTC order book heatmap, Asia session, 20 Oct 2026
London
07:00–13:30 UTC
Closed
−0.48 %
81,280 – 81,823  ·  range 543
high 07:00 UTC  ·  low 09:50 UTC  ·  23,802 BTC
Long gamma  ·  CW 90,000  ·  PW 80,000
BTC order book heatmap, London session, 20 Oct 2026
New York
13:30–20:00 UTC
Closed
+1.46 %
81,282 – 83,420  ·  range 2,138
high 14:55 UTC  ·  low 13:30 UTC  ·  73,477 BTC
Long gamma  ·  CW 90,000  ·  PW 82,000
BTC order book heatmap, New York session, 20 Oct 2026
BTC order book heatmap for 20 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 83,000 and the put wall at 80,000. Dealers are estimated to be long gamma, where dealer hedging tends to dampen moves.

At 00:22 UTC a 113 BTC bid wall at 81,500 was eaten by market orders.

At 15:48 UTC a 177 BTC bid wall at 82,200 was pulled before price reached it.

Liquidity wall events

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

EventWallTime
EatenBid wall 81,500
102 BTC of 113 BTC traded away
Open in Depth →
00:22 UTC
PulledBid wall 82,200
177 BTC wall, 177 BTC removed in 57.8 s, almost nothing traded
Open in Depth →
15:48 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
83,000 from 90,000
Put wall
Strike with the most put gamma
80,000
Gamma flip
Where total dealer gamma changes sign
80,846 from 80,881
Call wall 0DTE
Expiring within 24 hours
82,750 from 82,000
Put wall 0DTE
Expiring within 24 hours
82,500 from 82,000

Resting liquidity at the close

Largest walls within 2.5 % of price.

Largest bids below

  • 82,000227 BTC
  • 81,500180 BTC
  • 81,800172 BTC

Largest asks above

  • 83,950616 BTC
  • 84,000416 BTC
  • 83,900205 BTC

Next options expiries

Bar = open interest; monthly and quarterly in orange.

Wed 21 Octdaily
10,451 BTC · 2.4 %
Fri 23 Octweekly
20,353 BTC · 4.6 %
Fri 30 Octmonthly
149,137 BTC · 34.0 %
Fri 27 Novmonthly
31,346 BTC · 7.1 %

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

Open Depth
← 19 Oct21 Oct →

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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 21 Oct 00:05 UTC.