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Footprint Chart: After BTC Sell-off Breaks Through, Initial Support Appears at Lower Levels

Footprint Chart: After BTC Sell-off Breaks Through, Initial Support Appears at Lower Levels

AiCoinAiCoin2026/07/08 03:25
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The PRO "Footprint Chart" indicates that after proactive BTC selling, initial support is appearing at lower levels. Starting this morning, BTC price has been consistently declining, with multiple consecutive candlesticks showing negative Delta and proactive selling remaining dominant. Especially at 09:30, the -127.21 Delta accompanied by a rapid price drop is a classic signal of accelerated selling. Afterwards, BTC saw a bullish candlestick with a long lower shadow and negative Delta around $62,525, suggesting buyers are attempting to support the price at the bottom. However, compared to the previous series of large negative Deltas, the buying strength is insufficient and, for now, can only be considered an attempt to halt the decline. Currently, overall proactive selling hasn't fully exited. The key thing to watch going forward is whether Delta turns positive and expands, meaning whether proactive buying can successfully counterattack. If not, this bottom support is likely just a temporary recovery, and selling may continue to dominate. This is the value of the PRO Footprint Chart: regular candlesticks only show rebounds after a drop, while the Footprint Chart reveals whether there is actual proactive buying behind the rebound. Subscribe to PRO to use the Footprint Chart and clearly identify buying and selling strength, so you don't mistake a mere attempt at bottoming out for a real reversal.
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