{
  "title": "Passive Absorption Walls in Imbalanced Expansion (BTC) — November 3, 2026",
  "waterfall_summary": "During the Asia session at **[Binance Futures]**, initial balance stability transitioned to regional [absorption](https://thru.capital/ontology#absorption-the-wall) at $76,805.00 following passive bidding. By the daily wrap, price expanded to $77,800.80 on **[Bybit Linear]** with bullish asymmetry reaching a 65% signal strength. Market remains in low-conviction chop across secondary intervals while structural blocks show dominant balance.\n\n## Verified Execution & Macro Proofs\n\n• [45.20 bps (Source Date: 2026-06-24)](https://www.cmegroup.com/markets/cryptocurrencies/bitcoin/bitcoin.html)\n• 420,000,000 USDT ([220,000,000 USDT on Ethereum](https://etherscan.io/tx/0x6f257356f4d8bc030c6200318b84373e9c9e24065971cf6d9e0865480616f925), [100,000,000 USDT on Ethereum](https://etherscan.io/tx/0x00440492fef809c4e36e7f972d5ce15ab7760d322d53341fa9b3953d2ec96fbf), [100,000,000 USDT on Ethereum](https://etherscan.io/tx/0x0c66d50a3ac9e7e40eda0b5149bdc2271fe51552560364e860a6d4ddf22cfa3d))",
  "radar_summary": "[Liquidation cascades](https://thru.capital/ontology#liquidation-cascade) totaled 38 instances with a confidence score of 26.6 on **[Deribit]**, showing minor leverage stress during early London session crossovers. [Momentum exhaustion](https://thru.capital/ontology#momentum-exhaustion) events registered 27 occurrences at a 20.25 confidence level, capping local upside attempts before the US cash open. Funding trajectories remained neutral to mildly bullish as spot reference prices climbed from $76,646.20 to $77,792.30.\n\n## Verified Execution & Macro Proofs\n\n• baseline risk-free levels\n• the 10-year Treasury yield\n\n*[Extract the raw multi-venue Parquet tick data for this epoch via thrunode_archive](https://thru.capital/allocate)*",
  "cvd_summary": "Aggregate telemetry recorded 323 [passive absorption](https://thru.capital/ontology#passive-absorption) events with a 254.6 confidence rating, halting aggressive selling pressure across multiple venues. \n\n| Venue/Instrument | Event Type | Time (UTC) | Confidence | Key Metric |\n|---|---|---|---|---|\n| Binance Futures / BTC-PERP | Passive [Absorption](https://thru.capital/ontology#absorption-the-wall) | 2026-11-03T05:09:35 | 254.6 | $76,805.00 |\n| Bybit Linear / BTC-PERP | [Liquidation Cascade](https://thru.capital/ontology#liquidation-cascade) | 2026-11-03T14:15:55 | 26.6 | $77,183.60 |\n| Deribit / BTC-options | [Momentum Exhaustion](https://thru.capital/ontology#momentum-exhaustion) | 2026-11-03T22:35:31 | 20.25 | $77,762.90 |\n\nPassive liquidity walls absorbed selling pressure at the $76,717.60 structural node on **[Deribit]**, supporting the transition into imbalanced upside [expansion](https://thru.capital/ontology#expansion-discovery) by session close.\n\n## Verified Execution & Macro Proofs\n\n*[Extract the raw multi-venue Parquet tick data for this epoch via thrunode_archive](https://thru.capital/allocate)*",
  "date": "2026-11-03",
  "historical_clusters": [
    {
      "distance_score": 0.0000019073486328125,
      "timestamp_ns": 1793750349310410500,
      "date_str": "2026-11-03",
      "url": "https://thru.capital/microstructure/btc/2026-11-03",
      "regime": 0,
      "leverage_tier": 0,
      "efficiency_ratio": 0.91125977,
      "oi_velocity": 0
    },
    {
      "distance_score": 0.06336021423339844,
      "timestamp_ns": 1787952906928782600,
      "date_str": "2026-08-28",
      "url": "https://thru.capital/microstructure/btc/2026-08-28",
      "regime": 0,
      "leverage_tier": 0,
      "efficiency_ratio": 0.85711336,
      "oi_velocity": 0
    },
    {
      "distance_score": 0.06560134887695312,
      "timestamp_ns": 1786303335294631000,
      "date_str": "2026-08-09",
      "url": "https://thru.capital/microstructure/btc/2026-08-09",
      "regime": 0,
      "leverage_tier": 0,
      "efficiency_ratio": 0.94996694,
      "oi_velocity": 0
    }
  ]
}