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| Price | ▲ 0.05% | ▼ 0.07% | ▲ 0.01% | ▲ 0.01% |
| Energy | ▲ 9.2 | ▼ 6.6 | ▼ 7.0 | ▼ 4.8 |
Trend of Neutral BTCUSD 1H
▸When BTCUSD is in Neutral:
- then BTCUSD moved to higher Market State: 5,013 times — 53.4%
- then BTCUSD moved to lower Market State: 4,376 times — 46.6%
▸Current BTCUSD market energy: 16.66%
- Distance to upper bound of Neutral (at 20.88%): 4.22%
- Distance to lower bound of Neutral (at -20.88%): 37.54%
"To truly understand anything, study its history" — 2AITRADING
Measurement result after the 1H candle closes, BTCUSD in trend energy in a balanced state.
Looking at the Market Energy reading, Market Energy dropped -4.8% from the previous candle, from 21.4% to 16.7%.
Time in Neutral energy zone: 1 1H Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, BTCUSD Market Energy ranged from -99.1 to +93.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BTCUSD price and energy show when this 1H candle closed?
When the 1H candle at 06:00 on 02-06-2024 closed, BTCUSD was at 67,709.79, up 0.01% from the previous candle (67,702.71). Market Energy was 16.7%, down 4.8 points from 21.4%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did BTCUSD price move on this 1H candle, and how large is that historically?
BTCUSD closed at 67,709.79, up 0.01% from the previous 1H candle (67,702.71). This rise is larger than 2% of past rises on the 1H timeframe for BTCUSD, across 47,485 candles since 2019.
How did BTCUSD Market Energy change from the previous candle?
Market Energy fell 4.8 percentage points from the previous candle — from 21.4% to 16.7%. This drop is larger than 24% of past drops on the 1H timeframe for BTCUSD.
Do BTCUSD price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.
What state was BTCUSD in on the previous 1H candle?
The previous 1H candle had BTCUSD at 21.4%, Bull Bias — when this candle closed, BTCUSD moved down to a lower zone: Bull Bias → Neutral.
Where does BTCUSD energy sit within the Neutral zone?
At 16.7%, BTCUSD is 4.22 points from the upper boundary of Neutral (20.88%) and 37.54 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Extreme with energy 99.6%; GER40 (European equities) in Bull Extreme with energy 83.9%. Against this backdrop, BTCUSD (Neutral, 16.7%) lower than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Neutral with Market Energy 5.1%. BTCUSD energy is currently above DXY by 11.6 points.
See the real-time energy chart for BTCUSD.
Open Energy ChartSee the full 2AiTrading Model data for BTCUSD on the BTCUSD overview →
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