$BTC Daily Insight

Today’s candle on Coinbase is a rarity a hollow red daily candle, and that’s bullish.

🔍 What’s a hollow red?

It forms when price gaps down at the open, then closes back inside the gap showing strong buyer reaction. With Bitcoin trading 24/7, gaps are already rare. But on Coinbase’s highly liquid daily chart, a visible gap ($1.46 today) within a $2K+ range that closes perfectly back into it? That’s surgical precision.

📍 Why does it matter?

To me, a hollow red is like bulls planting a flag:

Either price goes up from here, or

If we dip, we're coming back.

And this one printed above the Q1 high another reason to view it as a bullish reclaim.

🟢 TLDR: Bulls showed intent. This candle is not just noise it’s a marker of strength.