$BTC CME gap chart, here is the professional analysis regarding the $104,000 gap:
🔳 Key chart observations:
1. Key gap levels
Precisely located at $104,000 (indicated by the white horizontal line)
Marked as 'Inefficient gap filling area' (highlighted in green), indicating statistical significance
2. Time context
• Formed between May 31, 2025 (weekly close) and June 2 (weekly open)
• Current price (around $106,000 - $107,000) is still 3% above this gap
3. Historical precedents
• Historically, the fill rate of CME futures gaps exceeds 90%
• Typical filling time range: within days to weeks after formation
🔳 Market implications:
• Short-term bearish signal
▶️ Price is likely to pull back to $104,000 to fill the gap
▶️ If market sentiment weakens, it may trigger a 2-3% pullback in Bitcoin
• Altcoin opportunity window
▶️ Bitcoin dominance (BTC.D) may temporarily decrease during the gap filling (confirming your previous argument)
▶️ During Bitcoin consolidation, the speed of capital rotation to altcoins may accelerate
• Factors to monitor for filling triggers
▪️ Weekend liquidity is low (CME closed, cryptocurrency market still running)
▪️ There is a whale cluster in the $103,800-$104,200 range (visible in the order book depth chart)
▪️ Futures funding rates turn negative
🔳 Actionable strategy suggestions:
1. Traders:
• Place limit orders to buy Bitcoin in the range of $103,800-$104,200
• Hedge through spot altcoin exposure (e.g., ETH/BTC ratio strategy)
2. Investors:
• Use the gap filling area as an accumulation zone for long-term Bitcoin holdings
• Adjust altcoin portfolio before the gap is fully filled
“CME gaps act like market magnets—$104,000 will definitely be tested. The question is not whether it will happen, but when it will happen.” — Market technical analyst's proverb
⚫️ Chart notes: The 'Inefficient gap filling area' label indicates that algorithmic traders are closely monitoring this price level, increasing the probability of filling. Please watch for RSI divergence signals on the 4-hour chart for early entry opportunities.
◼️ Key term translation reference:
• CME Gap / Gap -> CME gap / gap
• Gap Fill Inefficiency -> Inefficient gap filling area
• Weekly Close/Open -> Weekly close/open
• Fill Rate -> Fill rate
• Bearish Signal -> Bearish signal
• Pullback -> Pullback/retracement
• Altcoin -> Altcoin
• Bitcoin Dominance (BTC.D) -> Bitcoin dominance
• Capital Rotation -> Capital rotation
• Whale Cluster -> Whale cluster
• Orderbook Depth Charts -> Order book depth charts
• Futures Funding Rates -> Futures funding rates
• Limit Orders -> Limit orders
• Spot Altcoin Exposure -> Spot altcoin exposure
• ETH/BTC Ratio Plays -> ETH/BTC ratio strategy
• Accumulation Zones -> Accumulation zones
• Market Magnets -> Market magnets
• Algorithmic Traders -> Algorithmic traders
• RSI Divergences -> RSI divergence
